Renault SA (EPA: RNO)‘s stock had its “reduce” rating reiterated by stock analysts at AlphaValue in a report issued on Thursday, Analyst Ratings.Net reports. They currently have a €55.80 ($72.47) price objective on the stock.
Shares of Renault SA (EPA: RNO) traded down 0.30% during mid-day trading on Thursday, hitting €55.79. Renault SA has a one year low of €29.01 and a one year high of €63.67. The stock’s 50-day moving average is currently €37.88. The company has a market cap of €15.190 billion and a P/E ratio of 8.61.
A number of other analysts have also recently weighed in on RNO. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Renault SA in a research note to investors on Wednesday, May 29th. Separately, analysts at Natixis reiterated a “buy” rating on shares of Renault SA in a research note to investors on Tuesday, May 21st. They now have a €72.00 ($93.51) price target on the stock. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of Renault SA in a research note to investors on Tuesday, May 14th. They now have a €57.00 ($74.03) price target on the stock.
Renault SA is a France-based company primarily engaged in the manufacture of automobiles and the provision of related services.