In a report released today, Christoph Laskawi from Deutsche Bank maintained a Hold rating on Renault, with a price target of €44.00. The company’s shares closed yesterday at €36.16.
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Laskawi covers the Industrials sector, focusing on stocks such as Rheinmetall, Hella KGaA Hueck & Co, and Valeo. According to TipRanks, Laskawi has an average return of 29.5% and a 70.71% success rate on recommended stocks.
Currently, the analyst consensus on Renault is a Moderate Buy with an average price target of €42.67, implying a 18.00% upside from current levels. In a report released yesterday, Jefferies also maintained a Hold rating on the stock with a €39.00 price target.
0NQF market cap is currently €10.19B and has a P/E ratio of -0.85.
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- Renault considers cutting up to 3,000 positions worldwide, Bloomberg says
- Renault looking into ways to support French defense efforts, Bloomberg says
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- Renault appoints Cambolive as Chief Growth Officer
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