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Renault SA (OTCMKTS:RNLSY – Get Free Report) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totalling 15,600 shares, a growth of 358.8% from the April 30th total of 3,400 shares. Based on an average daily trading volume, of 39,500 shares, the days-to-cover ratio […]
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Barclays reiterates its 'overweight' opinion on Renault and its price target of 60 euros, a target that still implies only a 2024 P/E of four times and a dividend yield of 8%.After a roadshow with...
The Paris stock market lost almost 0.5% around 8015 points, penalized in particular by the downturn in the luxury goods sector, with -1.5% for LVMH and Kering and -1.1% for Hermes, while Renault...
The competition of EUR20,000 (US$21,750) EV has mobilized the European automotive supply chain. Local automakers tend to collaborate with partners to gain a foothold in the sector. However, partnerships built across continents seem more promising than those formed within Europe.