Renault (EPA:RNO – Get Rating) has been assigned a €24.00 ($25.81) target price by analysts at Credit Suisse Group in a research report issued on Tuesday, Borsen Zeitung reports. Credit Suisse Group’s price objective suggests a potential upside of 3.83% from the company’s previous close.
A number of other research firms also recently weighed in on RNO. Morgan Stanley set a €38.00 ($40.86) price target on Renault in a research note on Friday, March 25th. Deutsche Bank Aktiengesellschaft set a €40.00 ($43.01) price target on Renault in a research note on Monday, February 7th. Barclays set a €26.00 ($27.96) price target on Renault in a research note on Monday. The Goldman Sachs Group set a €30.00 ($32.26) price target on Renault in a research note on Monday. Finally, JPMorgan Chase & Co. set a €55.00 ($59.14) price target on Renault in a research note on Friday. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, Renault has an average rating of “Hold” and an average target price of €34.62 ($37.22).
Shares of RNO stock opened at €23.12 ($24.85) on Tuesday. The business’s 50 day moving average is €25.24 and its two-hundred day moving average is €29.78. Renault has a twelve month low of €73.71 ($79.26) and a twelve month high of €100.70 ($108.28).
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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