Renault (EPA:RNO) Shares Cross Above Two Hundred Day Moving Average of $34.22

Renault SA (EPA:RNO – Get Rating) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of €34.22 ($36.80) and traded as high as €38.95 ($41.88). Renault shares last traded at €36.66 ($39.41), with a volume of 2,387,093 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. JPMorgan Chase & Co. set a €64.00 ($68.82) price objective on Renault in a research note on Wednesday, March 1st. Sanford C. Bernstein set a €45.00 ($48.39) target price on Renault in a research report on Wednesday, February 15th. Barclays set a €34.00 ($36.56) target price on Renault in a research report on Wednesday, February 1st. Deutsche Bank Aktiengesellschaft set a €40.00 ($43.01) target price on Renault in a research report on Monday, February 20th. Finally, Royal Bank of Canada set a €31.00 ($33.33) target price on Renault in a research report on Friday, January 20th.

Renault Stock Up 1.5 %

The company has a fifty day moving average of €39.49 and a 200-day moving average of €34.22.

Renault Company Profile

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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.