Renault traded at 24.68 this Friday October 2nd, decreasing 0.75 or 2.95 percent since the previous trading session. Looking back, over the last four weeks, Renault lost 14.45 percent. Over the last 12 months, its price fell by 31.02 percent. Looking ahead, we forecast Renault to be priced at 25.69 by the end of this quarter and at 23.94 in one year, according to Trading Economics global macro models projections and analysts expectations.
Renault SA is a France-based company that designs, manufactures and sells passenger cars and light commercial vehicles and related services. Its brand portfolio consists of Renault, Dacia (both operating globally), Alpine (active in Europe, Japan and Australia), Renault Samsung Motors (operates only in South Korea) and Lada (operates only in Russia). The Group operating segments are three: Automotive excluding AVTOVAZ, Sales Financing and AVTOVAZ. Automotive excluding AVTOVAZ consists of the Group’s automotive activities comprising the production, sales, and distribution of passenger and light commercial vehicles, automobile service for the Renault, Dacia and Samsung brands and investments in Nissan, among others. Sales Financing, carried out by RCI Banque, covers the financing operations for sales of vehicles to dealers and end-users. AVTOVAZ, consists of the Russian automotive group AVTOVAZ and its parent company, the joint venture lliance Rostec Auto b.v.