Renault (OTCMKTS:RNLSY) Upgraded at Jefferies Financial Group

Jefferies Financial Group upgraded shares of Renault (OTCMKTS:RNLSY) from a hold rating to a strong-buy rating in a report published on Monday,Zacks reports.

Several other equities research analysts have also recently commented on the company. Barclays cut Renault from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 21st. Zacks Research lowered shares of Renault from a “hold” rating to a “strong sell” rating in a research report on Monday, November 2nd. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, three have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold”.

Renault Price Performance

RNLSY stock opened at $6.48 on Monday. Renault has a twelve month low of $5.49 and a twelve month high of $8.79. The business has a 50 day simple moving average of $6.17 and a 200-day simple moving average of $6.55.

Renault Company Profile

Renault Group is a French automotive company that designs, manufactures and sells passenger cars and light commercial vehicles. Its brands include Renault, Dacia and Alpine, and the group also provides mobility and automotive financing services. Founded in 1899 by Louis Renault and his brothers Marcel and Fernand, the company grew from a French vehicle manufacturer into an international automotive group. It serves customers in Europe and other markets worldwide and has worked with Nissan and Mitsubishi through the Renault-Nissan-Mitsubishi alliance.