Renault (OTCMKTS:RNLSY) was downgraded by investment analysts at Exane BNP Paribas from an “outperform” rating to a “neutral” rating in a report issued on Monday, The Fly reports.
Other equities research analysts have also recently issued reports about the company. Morgan Stanley cut Renault from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, February 10th. UBS Group raised Renault from a “neutral” rating to a “buy” rating in a research report on Tuesday, March 9th. The Goldman Sachs Group cut Renault from a “buy” rating to a “neutral” rating in a research report on Thursday, January 14th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Renault in a research report on Monday, March 8th. Finally, Zacks Investment Research cut Renault from a “buy” rating to a “hold” rating in a research report on Friday, February 5th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $9.50.
Shares of RNLSY traded down $0.08 during mid-day trading on Monday, hitting $8.52. The company’s stock had a trading volume of 29,600 shares, compared to its average volume of 45,055. Renault has a one year low of $3.37 and a one year high of $9.84. The firm has a market capitalization of $12.60 billion, a PE ratio of -71.00 and a beta of 1.97. The stock’s 50-day moving average is $9.07 and its two-hundred day moving average is $7.85.
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, and LADA, as well as under the Nissan, Datsun, and Infiniti brands.
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