Royal Bank of Canada set a €76.00 ($88.37) target price on Renault (EPA:RNO) in a research note issued to investors on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Several other research analysts also recently commented on the company. Goldman Sachs Group downgraded Micro Focus International from a neutral rating to a sell rating in a research note on Tuesday. Deutsche Bank reissued a buy rating and set a $80.00 target price on shares of Bayerische Motoren Werke in a research note on Monday, July 8th. Barclays set a GBX 6,800 ($88.85) target price on AstraZeneca and gave the stock a buy rating in a research note on Friday, March 29th. Nord/LB set a €50.00 ($58.14) target price on Renault and gave the stock a sell rating in a research note on Thursday, June 6th. Finally, Bank of America set a €155.00 ($180.23) target price on Continental and gave the stock a buy rating in a research note on Tuesday, May 14th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and nine have issued a buy rating to the stock. Renault presently has an average rating of Hold and an average price target of €69.82 ($81.18).
Shares of EPA RNO opened at €51.06 ($59.37) on Wednesday. Renault has a 12 month low of €73.71 ($85.71) and a 12 month high of €100.70 ($117.09). The business’s 50-day simple moving average is €54.24.
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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