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Renault (0NQF) Gets a Hold from Berenberg Bank

Tipranks - Tipranks - Sat Jul 4, 12:38AM CDT

Berenberg Bank analyst Romain Gourvil maintained a Hold rating on Renault yesterday and set a price target of €34.00. The company’s shares closed yesterday at €25.94.

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According to TipRanks, Gourvil is ranked #9861 out of 12296 analysts.

Renault has an analyst consensus of Hold, with a price target consensus of €34.50, a 33.00% upside from current levels. In a report released on July 1, Deutsche Bank also maintained a Hold rating on the stock with a €35.00 price target.

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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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