Renault SA (RNO) Given a €94.00 Price Target at J P Morgan Chase & Co

Renault SA (EPA:RNO) has been given a €94.00 ($105.62) target price by analysts at J P Morgan Chase & Co in a research report issued to clients and investors on Wednesday. The brokerage currently has a “neutral” rating on the stock.

Several other research analysts have also recently weighed in on RNO. Berenberg Bank set a €81.00 ($91.01) price target on Renault SA and gave the stock a “neutral” rating in a research note on Thursday, June 8th. Sanford C. Bernstein set a €90.00 ($101.12) price target on Renault SA and gave the stock a “neutral” rating in a research note on Thursday, May 25th. Barclays PLC set a €110.00 ($123.60) price target on Renault SA and gave the stock a “buy” rating in a research note on Saturday, May 20th. Goldman Sachs Group, Inc. (The) set a €92.00 ($103.37) price target on Renault SA and gave the stock a “neutral” rating in a research note on Monday, May 8th. Finally, Jefferies Group LLC set a €85.00 ($95.51) price target on Renault SA and gave the stock a “neutral” rating in a research note on Friday, April 28th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of €93.94 ($105.55).

Analyst Recommendations for Renault SA (EPA:RNO)

Shares of Renault SA (RNO) opened at 83.18 on Wednesday. The stock has a market capitalization of €24.21 billion and a price-to-earnings ratio of 6.68. The company has a 50-day moving average price of €85.18 and a 200-day moving average price of €83.59. Renault SA has a 52-week low of €63.64 and a 52-week high of €90.76.

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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.

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