Royal Bank of Canada Analysts Give Renault (EPA:RNO) a €33.00 Price Target

Renault (EPA:RNOGet Rating) has been given a €33.00 ($34.02) price target by stock analysts at Royal Bank of Canada in a report released on Thursday, Borsen Zeitung reports. Royal Bank of Canada’s price objective would suggest a potential upside of 11.28% from the stock’s previous close.

Several other equities analysts also recently weighed in on the company. Bank of America set a €32.00 ($32.99) target price on Renault in a research report on Tuesday, April 26th. JPMorgan Chase & Co. set a €55.00 ($56.70) price target on Renault in a research note on Thursday, June 30th. Jefferies Financial Group set a €43.00 ($44.33) price target on Renault in a research note on Monday. Berenberg Bank set a €27.00 ($27.84) price target on Renault in a research note on Tuesday, May 10th. Finally, Credit Suisse Group set a €30.00 ($30.93) target price on Renault in a research note on Monday.

Renault Price Performance

EPA:RNO opened at €29.66 ($30.57) on Thursday. The stock’s 50 day simple moving average is €25.41 and its 200-day simple moving average is €26.44. Renault has a 12-month low of €73.71 ($75.99) and a 12-month high of €100.70 ($103.81).

Renault Company Profile

(Get Rating)

Renault SA designs, manufactures, sells, and distributes vehicles in France and internationally. The company operates through Automotive, AVTOVAZ, Sales Financing, and Mobility Services segments. It offers passenger and light commercial, and electric vehicles primarily under the Renault, Dacia, Renault Samsung Motors, Alpine, LADA, Jinbei & Huaasong, and Eveasy, as well as under the Nissan, Datsun, and Infiniti brands.

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