Renault (OTCMKTS:RNLSY) Stock Rating Upgraded by Jefferies Financial Group

Renault (OTCMKTS:RNLSY) was upgraded by Jefferies Financial Group from a “hold” rating to a “strong-buy” rating in a research note issued on Monday, Zacks reports.

Other equities analysts have also recently issued reports about the stock. Barclays cut shares of Renault from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 21st. Zacks Research cut shares of Renault from a “hold” rating to a “strong sell” rating in a research note on Monday, November 2nd. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Renault currently has a consensus rating of “Hold”.

Renault Stock Down 0.9%

OTCMKTS RNLSY opened at $6.48 on Monday. The firm’s fifty day moving average price is $6.17 and its two-hundred day moving average price is $6.55. Renault has a fifty-two week low of $5.49 and a fifty-two week high of $8.79.

About Renault

Renault Group is a French automotive company that designs, manufactures and sells passenger cars and light commercial vehicles. Its brands include Renault, Dacia and Alpine, and the group also provides mobility and automotive financing services. Founded in 1899 by Louis Renault and his brothers Marcel and Fernand, the company grew from a French vehicle manufacturer into an international automotive group. It serves customers in Europe and other markets worldwide and has worked with Nissan and Mitsubishi through the Renault-Nissan-Mitsubishi alliance.