Goldman Sachs Group, Inc. (The) set a €89.00 ($95.70) price target on Renault SA (EPA:RNO) in a research report released on Tuesday. The firm currently has a neutral rating on the stock.
RNO has been the subject of a number of other research reports. Deutsche Bank AG set a €115.00 ($123.66) target price on Renault SA and gave the company a buy rating in a research note on Tuesday, November 1st. J P Morgan Chase & Co set a €89.00 ($95.70) price objective on Renault SA and gave the company a neutral rating in a research note on Monday, January 9th. HSBC Holdings plc set a €95.00 ($102.15) price objective on Renault SA and gave the company a buy rating in a research note on Friday, October 14th. Barclays PLC set a €80.00 ($86.02) price objective on Renault SA and gave the company a neutral rating in a research note on Friday, October 14th. Finally, Macquarie set a €90.00 ($96.77) price objective on Renault SA and gave the company a buy rating in a research note on Thursday, December 1st. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have assigned a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of €88.97 ($95.66).
Shares of Renault SA (EPA:RNO) traded up 1.92% during midday trading on Tuesday, reaching €88.16. The company’s stock had a trading volume of 605,748 shares. The company’s 50-day moving average price is €84.45 and its 200 day moving average price is €77.21. Renault SA has a 1-year low of €63.64 and a 1-year high of €90.58. The firm has a market capitalization of €24.02 billion and a PE ratio of 8.22.
Renault SA Company Profile
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.