Renault : well oriented with a broker’s raise

Renault : well oriented with a broker's raise

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(CercleFinance.com) – Renault gains nearly 2% with the support of Jefferies, which raises its opinion of ‘underperforming’ to ‘keep’ with a price target of 30 to 37 euros on the carmaker’s diamond-shaped stock.

The recovery plan has set the bar low enough to exceed the targets, but also appeared conventional enough at a time when the sector is forced to reinvent itself, » the broker said, adding that « the business has stopped deteriorating ».

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Renault : well oriented with a broker’s raise
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