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Bernstein Keeps Their Buy Rating on Renault (0NQF)

Tipranks - Tipranks - Sat Jun 27, 3:48AM CDT

Bernstein analyst Eunice Lee maintained a Buy rating on Renault today and set a price target of €43.00.

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Lee covers the Consumer Cyclical sector, focusing on stocks such as Nio, Stellantis, and XPeng, Inc. ADR. According to TipRanks, Lee has an average return of 0.7% and a 41.56% success rate on recommended stocks.

In addition to Bernstein, Renault also received a Buy from Barclays’s Henning Cosman in a report issued on June 12. However, on June 22, Kepler Capital maintained a Hold 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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