Renault (RNO) Given a €69.00 Price Target by Bank of America Analysts

Renault (EPA:RNO) has been given a €69.00 ($80.23) price target by investment analysts at Bank of America in a research note issued on Tuesday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock. Bank of America‘s target price suggests a potential upside of 30.24% from the company’s current price.

A number of other analysts have also recently commented on RNO. JPMorgan Chase & Co. set a €74.00 ($86.05) target price on shares of Renault and gave the stock a “neutral” rating in a research note on Monday, April 8th. Deutsche Bank set a €115.00 ($133.72) target price on shares of Renault and gave the stock a “buy” rating in a research note on Friday, April 12th. Berenberg Bank set a €62.00 ($72.09) target price on shares of Renault and gave the stock a “neutral” rating in a research note on Monday, February 18th. UBS Group set a €58.00 ($67.44) target price on shares of Renault and gave the stock a “neutral” rating in a research note on Friday, April 26th. Finally, Barclays set a €80.00 ($93.02) target price on shares of Renault and gave the stock a “neutral” rating in a research note on Thursday, February 14th. Ten analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of €78.29 ($91.03).

RNO stock opened at €52.98 ($61.60) on Tuesday. Renault has a 52 week low of €73.71 ($85.71) and a 52 week high of €100.70 ($117.09).

Renault Company Profile

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.

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Analyst Recommendations for Renault (EPA:RNO)

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