Renault (OTCMKTS:RNLSY) Price Target Lowered to €25.00 at Barclays

Renault (OTCMKTS:RNLSYGet Rating) had its price objective reduced by Barclays from €33.00 ($35.87) to €25.00 ($27.17) in a report issued on Thursday morning, The Fly reports.

A number of other research firms have also recently commented on RNLSY. Credit Suisse Group decreased their price target on Renault from €37.00 ($40.22) to €24.00 ($26.09) and set a neutral rating for the company in a research note on Monday, March 28th. JPMorgan Chase & Co. lowered their target price on shares of Renault from €62.00 ($67.39) to €55.00 ($59.78) and set an overweight rating for the company in a research note on Wednesday, April 6th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Renault from €40.00 ($43.48) to €35.00 ($38.04) in a research note on Thursday, March 31st. Morgan Stanley decreased their price target on shares of Renault from €45.00 ($48.91) to €38.00 ($41.30) and set an overweight rating for the company in a report on Friday, March 25th. Finally, DZ Bank raised shares of Renault from a sell rating to a buy rating and set a €47.00 ($51.09) price objective on the stock in a report on Monday, February 21st. Two analysts have rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of Hold and an average target price of $34.13.

Renault stock opened at $4.73 on Thursday. Renault has a 1-year low of $4.55 and a 1-year high of $8.91. The business has a fifty day moving average price of $5.92 and a 200-day moving average price of $6.77.

Renault Company Profile (Get Rating)

Renault SA designs, manufactures, sells, and distributes vehicles in France and internationally. The company operates through Automotive, AVTOVAZ, Sales Financing, and Mobility Services segments. It offers passenger and light commercial, and electric vehicles primarily under the Renault, Dacia, Renault Samsung Motors, Alpine, LADA, Jinbei & Huaasong, and Eveasy, as well as under the Nissan, Datsun, and Infiniti brands.

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