Accueil > Actualité
Actualite financiere : Actualite bourse

Renault: Invest Securities raises target price

( - Invest Securities maintains Renault in its IS selection best pick list, with a "buy" rating on the stock, along with upside potential of 31% for an increased target price of 50 euros (vs.
47.7 euros previously), after the car maker published its annual results.

The analyst believes that the group's H2 clearly beat expectations, confirming that 2021 will be the year of recovery for it, despite the headwinds in the first half of the year, which although worrying, should not be overweighted.

Based on an EBITA margin of 3.5% in H2 2020, which is ahead of the 2023 guidance of "more than 3%", the broker has changed its scenario for 2021/22, with a group 2021/22 EBITA margin of 3.7% (against 3.5%) and 5% (against 5.2%).

Copyright (c) 2021 All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.




Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.