Morgan Stanley Reiterates “€75.00” Price Target for Renault SA (RNO)

Morgan Stanley set a €75.00 ($88.24) price target on Renault SA (EPA:RNO) in a research report sent to investors on Monday. The firm currently has a sell rating on the stock.

A number of other equities analysts have also recently commented on RNO. Citigroup Inc. set a €99.00 ($116.47) price target on shares of Renault SA and gave the stock a buy rating in a research note on Wednesday, August 9th. Deutsche Bank AG set a €115.00 ($135.29) price target on shares of Renault SA and gave the stock a buy rating in a research note on Wednesday, October 4th. Sanford C. Bernstein set a €90.00 ($105.88) price target on shares of Renault SA and gave the stock a neutral rating in a research note on Friday, October 6th. UBS AG set a €100.00 ($117.65) price target on shares of Renault SA and gave the stock a buy rating in a research note on Monday. Finally, J P Morgan Chase & Co set a €91.00 ($107.06) price target on shares of Renault SA and gave the stock a neutral rating in a research note on Tuesday, September 26th. One analyst has rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of €93.82 ($110.38).

Shares of Renault SA (EPA RNO) opened at 85.04 on Monday. Renault SA has a 12-month low of €71.92 and a 12-month high of €90.76. The stock has a market capitalization of €23.06 billion and a price-to-earnings ratio of 5.42. The stock’s 50 day moving average is €79.52 and its 200-day moving average is €81.03.

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About Renault SA

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.

Analyst Recommendations for Renault SA (EPA:RNO)

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