A number of other equities research analysts have also weighed in on RNO. Nord/LB set a €50.00 ($58.14) price objective on shares of Renault and gave the stock a sell rating in a report on Thursday, June 6th. Oddo Bhf set a €7.70 ($8.95) price objective on shares of Encavis and gave the stock a buy rating in a report on Monday, June 3rd. Credit Suisse Group boosted their price objective on shares of Beyond Meat from $70.00 to $125.00 in a report on Friday, June 7th. Deutsche Bank restated a buy rating and issued a $80.00 price objective on shares of Bayerische Motoren Werke in a report on Monday, July 8th. Finally, Sanford C. Bernstein set a €75.00 ($87.21) price objective on shares of Bayerische Motoren Werke and gave the stock a neutral rating in a report on Wednesday, July 10th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and nine have assigned a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of €69.82 ($81.18).
Shares of RNO opened at €51.06 ($59.37) on Wednesday. Renault has a fifty-two week low of €73.71 ($85.71) and a fifty-two week high of €100.70 ($117.09). The business has a 50 day simple moving average of €54.24.
Renault SA designs, manufactures, sells, and distributes vehicles. The company operates through Automotive, Sales Financing, and AVTOVAZ segments. It offers passenger and light commercial, and electric vehicles primarily under the Renault, Dacia, Renault Samsung Motors, Alpine, and LADA, as well as under the Nissan, Datsun, and Infiniti brands.
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