Renault (EPA:RNO – Get Rating) has been given a €55.00 ($59.14) target price by analysts at JPMorgan Chase & Co. in a research note issued to investors on Friday, Borsen Zeitung reports. JPMorgan Chase & Co.‘s price target indicates a potential upside of 133.79% from the company’s current price.
RNO has been the topic of several other reports. UBS Group set a €40.00 ($43.01) target price on Renault in a research note on Tuesday. Royal Bank of Canada set a €26.00 ($27.96) target price on Renault in a research report on Thursday. Kepler Capital Markets set a €44.00 ($47.31) target price on Renault in a research note on Wednesday, January 19th. Deutsche Bank Rese… set a €35.00 ($37.63) target price on Renault in a report on Thursday, March 31st. Finally, The Goldman Sachs Group set a €31.00 ($33.33) target price on Renault in a report on Thursday, March 24th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of €35.23 ($37.88).
Shares of Renault stock opened at €23.53 ($25.30) on Friday. Renault has a 52 week low of €73.71 ($79.26) and a 52 week high of €100.70 ($108.28). The stock has a 50 day moving average price of €25.71 and a two-hundred day moving average price of €29.89.
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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