Renault (OTCMKTS:RNLSY – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Friday. The company traded as low as $5.57 and last traded at $5.58, with a volume of 16034 shares. The stock had previously closed at $5.70.
Analysts Set New Price Targets
Separately, Barclays downgraded shares of Renault from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 21st. One analyst has rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Renault presently has an average rating of “Reduce”.
Read Our Latest Stock Analysis on Renault
Renault Stock Down 2.0%
Renault Company Profile
Renault is a France-based automotive company that designs, develops, manufactures and sells passenger cars, light commercial vehicles and related mobility services. Its portfolio includes Renault-branded vehicles, as well as Dacia’s value-oriented cars and utility vehicles and Alpine’s performance-oriented sports cars. The company also develops electric and connected vehicles and offers associated services through its Mobilize brand.
Founded in 1898 by Louis, Marcel and Fernand Renault, the company has grown into one of Europe’s major automakers.
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