Jefferies Financial Group set a €15.00 ($17.44) price target on Renault (EPA:RNO) in a research report released on Wednesday morning, Borsen Zeitung reports. The firm currently has a sell rating on the stock.
A number of other analysts have also issued reports on the stock. Deutsche Bank set a €45.00 ($52.33) price objective on shares of Renault and gave the company a neutral rating in a research note on Monday, February 17th. Goldman Sachs Group set a €19.00 ($22.09) target price on Renault and gave the company a neutral rating in a research report on Wednesday, March 18th. Royal Bank of Canada set a €22.00 ($25.58) target price on Renault and gave the company a buy rating in a research report on Monday, March 16th. Morgan Stanley set a €60.00 ($69.77) target price on Renault and gave the company a buy rating in a research report on Monday, December 16th. Finally, UBS Group set a €16.00 ($18.60) target price on Renault and gave the company a neutral rating in a research report on Tuesday. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of Hold and an average price target of €42.87 ($49.84).
Shares of RNO traded up €1.06 ($1.23) during mid-day trading on Wednesday, reaching €19.37 ($22.52). 2,483,715 shares of the stock traded hands, compared to its average volume of 1,290,000. The stock has a fifty day simple moving average of €25.85 and a 200 day simple moving average of €40.99. Renault has a 12-month low of €73.71 ($85.71) and a 12-month high of €100.70 ($117.09).
Renault SA designs, manufactures, sells, and distributes vehicles. The company operates through Automotive, Sales Financing, and AVTOVAZ segments. It offers passenger and light commercial, and electric vehicles primarily under the Renault, Dacia, Renault Samsung Motors, Alpine, and LADA, as well as under the Nissan, Datsun, and Infiniti brands.
Recommended Story: What does an equal weight rating mean?
Receive News & Ratings for Renault Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Renault and related companies with MarketBeat.com's FREE daily email newsletter.