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Deutsche Bank Sticks to Its Hold Rating for Renault (0NQF)

Tipranks - Tipranks - Sat Feb 21, 7:16AM CST

Deutsche Bank analyst Christoph Laskawi maintained a Hold rating on Renault today and set a price target of €40.00.

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According to TipRanks, Laskawi is a 5-star analyst with an average return of 24.9% and a 69.16% success rate. Laskawi covers the Consumer Cyclical sector, focusing on stocks such as Renault, Valeo, and Aumovio SE.

In addition to Deutsche Bank , Renault also received a Hold from Jefferies’s Philippe Houchois in a report issued yesterday. However, today, Barclays maintained a Buy rating on Renault (LSE: 0NQF).

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Based on Renault’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €27.64 billion and a GAAP net loss of €11.19 billion. In comparison, last year the company earned a revenue of €26.96 billion and had a net profit of €1.29 billion

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