Renault (EPA:RNO) Shares Pass Above Two Hundred Day Moving Average of $30.50

Renault SA (EPA:RNOGet Rating) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of €30.50 ($33.15) and traded as high as €37.51 ($40.77). Renault shares last traded at €37.32 ($40.56), with a volume of 1,040,614 shares traded.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on RNO shares. Deutsche Bank Aktiengesellschaft set a €40.00 ($43.48) price target on Renault in a report on Thursday, November 24th. Barclays set a €32.00 ($34.78) price target on Renault in a report on Monday, November 21st. Royal Bank of Canada set a €33.00 ($35.87) price target on Renault in a report on Tuesday, November 8th. Berenberg Bank set a €36.00 ($39.13) price target on Renault in a report on Monday, October 24th. Finally, Sanford C. Bernstein set a €36.00 ($39.13) price objective on Renault in a research report on Thursday, December 15th.

Renault Price Performance

The company has a 50-day moving average price of €33.55 and a 200-day moving average price of €30.50.

About Renault

(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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