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J.P. Morgan Reaffirms Their Buy Rating on Renault (0NQF)
J.P. Morgan analyst Jose Asumendi maintained a Buy rating on Renault today and set a price target of €45.00.
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According to TipRanks, Asumendi is a 3-star analyst with an average return of 2.2% and a 49.50% success rate.
Renault has an analyst consensus of Hold, with a price target consensus of €34.44.
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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