Barclays Remains a Buy on Renault (0NQF)
In a report released yesterday, Henning Cosman from Barclays maintained a Buy rating on Renault. The company’s shares closed last Friday at €31.15.
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Cosman covers the Consumer Cyclical sector, focusing on stocks such as Mercedes-Benz Group, Ferrari, and Stellantis. According to TipRanks, Cosman has an average return of -5.3% and a 37.01% success rate on recommended stocks.
In addition to Barclays, Renault also received a Buy from Citi’s Harald Hendrikse in a report issued on January 16. However, on the same day, Berenberg Bank downgraded Renault (LSE: 0NQF) to a Hold.
The company has a one-year high of €53.26 and a one-year low of €30.87. Currently, Renault has an average volume of 1.07M.
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