Renault (RNO) Given a €77.00 Price Target at Morgan Stanley

Morgan Stanley set a €77.00 ($91.67) target price on Renault (EPA:RNO) in a report released on Thursday morning. The firm currently has a sell rating on the stock.

A number of other research firms also recently issued reports on RNO. Goldman Sachs Group set a €88.00 ($104.76) price objective on shares of Renault and gave the company a neutral rating in a research note on Monday, November 6th. Jefferies Group set a €83.00 ($98.81) price objective on shares of Renault and gave the company a neutral rating in a research note on Wednesday, November 22nd. JPMorgan Chase & Co. set a €98.00 ($116.67) price objective on shares of Renault and gave the company a neutral rating in a research note on Friday, January 5th. HSBC set a €93.00 ($110.71) target price on shares of Renault and gave the company a neutral rating in a research note on Thursday, December 14th. Finally, Deutsche Bank set a €115.00 ($136.90) target price on shares of Renault and gave the company a buy rating in a research note on Wednesday, December 27th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the stock. The company presently has a consensus rating of Hold and an average target price of €93.84 ($111.72).

Renault (RNO) traded up €0.88 ($1.05) during midday trading on Thursday, hitting €88.58 ($105.45). 856,671 shares of the stock were exchanged, compared to its average volume of 846,510. Renault has a 1 year low of €73.71 ($87.75) and a 1 year high of €91.30 ($108.69). The company has a market capitalization of $26,200.00 and a P/E ratio of 5.64.

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About Renault

Renault SA produces, sells, and distributes vehicles worldwide. It operates through Automotive and Sales Financing segments. The company primarily offers passenger and light commercial vehicles under the Renault, Dacia, and Renault Samsung Motors brands. It also offers used vehicles and spare parts; and various services, including sales financing, rental, maintenance, and service contracts.

Analyst Recommendations for Renault (EPA:RNO)

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