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UBS Sticks to Its Sell Rating for Renault (0NQF)
In a report released today, David Lesne from UBS maintained a Sell rating on Renault, with a price target of €28.00.
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According to TipRanks, Lesne is a 4-star analyst with an average return of 4.3% and a 49.73% success rate.
Currently, the analyst consensus on Renault is a Hold with an average price target of €35.75.
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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