Goldman Sachs Group Analysts Give Renault (RNO) a €96.00 Price Target
Renault (EPA:RNO) has been given a €96.00 ($118.52) price objective by Goldman Sachs Group in a report released on Friday, February 16th. The brokerage presently has a “neutral” rating on the stock. Goldman Sachs Group’s price objective indicates a potential upside of 1.64% from the company’s current price.
A number of other research analysts also recently commented on the company. JPMorgan Chase & Co. set a €100.00 ($123.46) price objective on Renault and gave the company a “neutral” rating in a report on Friday, February 16th. Sanford C. Bernstein set a €90.00 ($111.11) price objective on Renault and gave the company a “neutral” rating in a report on Friday, February 16th. Morgan Stanley set a €88.00 ($108.64) price objective on Renault and gave the company a “sell” rating in a report on Friday, January 26th. UBS Group set a €100.00 ($123.46) price objective on Renault and gave the company a “buy” rating in a report on Tuesday, January 23rd. Finally, Deutsche Bank reiterated a “buy” rating on shares of Renault in a report on Tuesday, January 23rd. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have given a buy rating to the stock. Renault presently has an average rating of “Hold” and an average price target of €97.17 ($119.96).
Shares of Renault (EPA:RNO) traded up €0.33 ($0.41) during trading on Friday, hitting €94.56 ($116.74). 692,333 shares of the company were exchanged, compared to its average volume of 1,300,000. The firm has a market capitalization of $27,960.00 and a price-to-earnings ratio of 5.06. Renault has a fifty-two week low of €73.71 ($91.00) and a fifty-two week high of €100.70 ($124.32).
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Renault SA is a France based company primarily engaged in the manufacture of automobiles and the provision of related services. It is structured into two segments: the Automobile division, which handles the design, manufacture and marketing of passenger cars and light commercial vehicles, under Renault, Renault Samsung Motors and Dacia brands, and the Sales Financing division, which provides financial and commercial services related to the sales activities, and is comprised of RCI Banque and its subsidiaries.
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