UBS Sticks to Their Sell Rating for Renault (0NQF)
UBS analyst David Lesne maintained a Sell rating on Renault today and set a price target of €28.00.
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According to TipRanks, Lesne is a 4-star analyst with an average return of 4.9% and a 50.29% success rate. Lesne covers the Consumer Cyclical sector, focusing on stocks such as Renault, Aumovio SE, and Continental Aktiengesellschaft.
Currently, the analyst consensus on Renault is a Moderate Buy with an average price target of €39.30.
Based on Renault’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €27.64 billion and a GAAP net loss of €11.19 billion. In comparison, last year the company earned a revenue of €26.96 billion and had a net profit of €1.29 billion
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