Citi Keeps Their Buy Rating on Renault (0NQF)
Citi analyst Harald Hendrikse maintained a Buy rating on Renault (0NQF – Research Report) today and set a price target of €52.00. The company's shares closed yesterday at €41.10.
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Hendrikse covers the Consumer Cyclical sector, focusing on stocks such as Stellantis, Mercedes-Benz Group, and Ferrari. According to TipRanks, Hendrikse has an average return of 4.4% and a 48.15% success rate on recommended stocks.
In addition to Citi, Renault also received a Buy from J.P. Morgan's Jose Asumendi in a report issued yesterday. However, on the same day, Jefferies maintained a Hold rating on Renault (LSE: 0NQF).
0NQF market cap is currently €12.46B and has a P/E ratio of 15.59.
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