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Renault (0NQF) Gets a Hold from Jefferies

Tipranks - Tipranks - Fri Apr 24, 5:46AM CDT

Jefferies analyst Philippe Houchois maintained a Hold rating on Renault today and set a price target of €31.00.

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Houchois covers the Consumer Cyclical sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Stellantis, and Mercedes-Benz Group. According to TipRanks, Houchois has an average return of 15.3% and a 51.79% success rate on recommended stocks.

In addition to Jefferies, Renault also received a Hold from Kepler Capital ‘s Thomas Besson in a report issued on April 16. However, today, J.P. Morgan maintained a Buy rating on Renault (LSE: 0NQF).

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Based on Renault’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €30.28 billion and a net profit of €254 million. In comparison, last year the company earned a revenue of €29.27 billion and had a GAAP net loss of €541 million

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