Renault is an automobile manufacturer. Co.'s activities have been organized into two main business sectors, in more than 120 countries: Automotive and Sales Financing. Co. designs, develops and sells passenger cars and light commercial vehicles. Following the acquisition of Romanian carmaker Dacia and Samsung Motors' operating assets in South Korea, Co. has three automotive brands: Renault, Dacia and Samsung. RCI Banque, Co.'s captive financing arm, finances sales of the Renault, Renault Samsung Motors (RSM) and Dacia brands, and, in Europe, the Nissan and Infiniti brands. In addition to these two activities, Co. has equity investments in the following two companies: Nissan and AVTOVAZ.
  • TickerRNO
  • ISINFR0000131906
  • ExchangeEuronext Paris
  • SectorAutomobiles & Parts
  • CountryFrance

Analysts

Renault S.A.: Update to credit analysis

Our credit view of Renault S.A., reflecting recent developments and providing an update on detailed credit considerations.

Jean-Christophe Dourret

Renault : Renault - 11 Jan 2019

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Antoine Boivin-Champeaux ...
  • François Maury
  • Georges Dieng
  • Stephane Houri
  • Sylvain Goyon
  • Veysel Taze
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 01/08/2019

We are launching our Large Cap convictions list. The emphasis is on quality stocks, focusing where possible on companies with low levels of debt, and visibility. By visibility we mean the ability to defend free cash flow generation, through strong competitive positioning (pricing power) and/or rationalisation/optimisation programmes driven by management with a proven track record. Our list includes: Air France, AXA, Carrefour, Dassault Systèmes, Engie, Intesa San Paolo, Michelin, MTU,...

Antoine Boivin-Champeaux ...
  • François Maury
  • Georges Dieng
  • Stephane Houri
  • Sylvain Goyon
  • Veysel Taze
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 08/01/2019

Nous lançons notre liste de convictions Large Cap. Nous la plaçons sous le signe de la qualité, en privilégiant si possible les structures bilancielles peu endettées, et la visibilité. Par visibilité nous entendons la capacité à défendre la génération de free cash-flow, que ce soit par le biais d’un positionnement concurrentiel fort (pricing power) et/ou via l’existence de programmes de rationalisation/ optimisation portés par un management disposant d’un track record éprouvé. Entrent...

François Maury ...
  • Georges Dieng

ODDO : Top 5 car market in Europe: -0.8% in 2018, -0.9% in 2019e

>Top 5 car market in Europe: -6.6% in December, -0.8% YTD - In December, new car registrations in the Top 5 Europe market (>70% of EU+EFTA volumes) were down by 6.6%. The decline was driven mainly by France (-14.5%), the UK (-5.5%), and Spain (-3.5%). The Italian and German markets rose slightly, by +2.0% and +0.2% respectively.The slump in the French market can probably be attributed largely to the “yellow vest” protests. Our market estimates for 2019 are ...

Renault S.A.: Update to credit analysis

Our credit view of Renault S.A., reflecting recent developments and providing an update on detailed credit considerations.

Nissan Motor Co., Ltd. and Renault S.A.: Serious alleged misconduct by chairman and board member is credit negative

Misconduct at top levels of management calls into question company's controls, longer term impact on alliance with Renault a key issue

Nissan Motor Co., Ltd.: Serious alleged misconduct by chairman and board member is credit negative

Misconduct at top levels of management calls into question company's controls, longer term impact on alliance with Renault a key issue

Moody's: Stabiler Autoabsatz sorgt trotz Zöllen bis ins Jahr 2019 hinein für stabilen Ausblick für den globalen Automobilsektor

Der Ausblick für die globale Automobilfertigungsbranche bleibt auch in den kommenden 12 bis 18 Monaten stabil. Hintergrund ist die erwartete, gleich bleibende Nachfrage in den Schlüsselregionen trotz bevorstehender Herausforderungen. Zu dieser Einschätzung gelangt die Ratingagentu...

Renault S.A. - June 2018 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Jean-Christophe Dourret

Renault : Renault - 11 Jan 2019

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Antoine Boivin-Champeaux ...
  • François Maury
  • Georges Dieng
  • Stephane Houri
  • Sylvain Goyon
  • Veysel Taze
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 01/08/2019

We are launching our Large Cap convictions list. The emphasis is on quality stocks, focusing where possible on companies with low levels of debt, and visibility. By visibility we mean the ability to defend free cash flow generation, through strong competitive positioning (pricing power) and/or rationalisation/optimisation programmes driven by management with a proven track record. Our list includes: Air France, AXA, Carrefour, Dassault Systèmes, Engie, Intesa San Paolo, Michelin, MTU,...

Antoine Boivin-Champeaux ...
  • François Maury
  • Georges Dieng
  • Stephane Houri
  • Sylvain Goyon
  • Veysel Taze
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 08/01/2019

Nous lançons notre liste de convictions Large Cap. Nous la plaçons sous le signe de la qualité, en privilégiant si possible les structures bilancielles peu endettées, et la visibilité. Par visibilité nous entendons la capacité à défendre la génération de free cash-flow, que ce soit par le biais d’un positionnement concurrentiel fort (pricing power) et/ou via l’existence de programmes de rationalisation/ optimisation portés par un management disposant d’un track record éprouvé. Entrent...

François Maury ...
  • Georges Dieng

ODDO : Top 5 car market in Europe: -0.8% in 2018, -0.9% in 2019e

>Top 5 car market in Europe: -6.6% in December, -0.8% YTD - In December, new car registrations in the Top 5 Europe market (>70% of EU+EFTA volumes) were down by 6.6%. The decline was driven mainly by France (-14.5%), the UK (-5.5%), and Spain (-3.5%). The Italian and German markets rose slightly, by +2.0% and +0.2% respectively.The slump in the French market can probably be attributed largely to the “yellow vest” protests. Our market estimates for 2019 are ...

François Maury ...
  • Georges Dieng

ODDO : Marché VP Top 5 Europe : -0.8% en 2018, -0.9%/2019e

>Marché VP Top 5 Europe : -6.6% en décembre, -0.8% YTD - En décembre, les immatriculations sur le Top 5 (> 70% des volumes EU+EFTA) ont diminué de 6.6%. La baisse vient principalement de la France (-14.5%), du UK (-5.5%) et de l’Espagne (-3.5%). Les marchés italien et allemand sont en légère hausse, +2.0% et +0.2% respectivement.La forte baisse observée sur le marché français est probablement largement liée à la crise des gilets jaunes. Pour 2019, nous rete...

1 director bought

A director at Renault bought 1,400 shares at 71.850EUR and the significance rating of the trade was 60/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board membe...

Alfred Glaser ...
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • Fatma Agnès Hamdani
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Johanna Jourdain
  • Matthias Desmarais
  • Olivier Lebrun
  • Pierre Tegner
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 11/20/2018

...

Alfred Glaser ...
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • Fatma Agnès Hamdani
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Johanna Jourdain
  • Matthias Desmarais
  • Olivier Lebrun
  • Pierre Tegner
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 20/11/2018

...

Alex Koagne ...
  • Emmanuel Matot
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Jerôme Bodin
  • Léopold Authié
  • Nicolas Kieffer
  • Stephane Houri
  • Steven Gould
  • Veysel Taze

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 09/13/2018

...

Alex Koagne ...
  • Emmanuel Matot
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Jerôme Bodin
  • Léopold Authié
  • Nicolas Kieffer
  • Stephane Houri
  • Steven Gould
  • Veysel Taze

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 13/09/2018

...

Ahmed Ben Salem ...
  • Alexandre Iatrides
  • Anis Zgaya
  • Benoit Valleaux
  • Bruno Cavalier
  • Charles Lepetitpas
  • Christophe-Raphaël Ganet
  • Eric Beaudet
  • Fatma Agnès Hamdani
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Louis Boujard, CFA
  • Olivier Lebrun
  • Pierre Tegner
  • Steven Gould
  • Sven Edelfelt
  • Valentin Pernet
  • Vincent Maulay
  • Virginie Rousseau
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 07/30/2018

...

Ng Adrian

Renault SA

Ng Adrian

Renault SA

Ng Adrian

Renault SA

Ng Adrian

Renault SA

Ng Adrian

Renault SA

PSA Autos: Carlos Ghosn Arrested – Concern Over Future of Alliance. Implications for Nissan Motors (7201 JT) and Mitsubishi Motors (7211 JT)

Summary With the arrest of Carlos Ghosn, Julie Boote discusses the future of Renault's alliance with Nissan Motors (7201 JT) and Mitsubishi Motors (7211 JT)

MarketLine Department

Bristow Group Inc - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Bristow Group Inc - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments Summary Marketline's Bristow Group Inc Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Bristow Group Inc since January2007. Synopsis Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic...

PSA Automakers and Blockchain: What Can Blockchain Do for OEMs?

Analyst Julie Boote thinks blockchain will be a boon for assemblers; and that Toyota’s go-it-alone stance presents advantages.

Xavier Caroen

French Carmakers | | Unlike Move Leading to Dissimilar Margin Growth Potential

More Europe vs. more emerging markets? Whereas years ago, Renault and PSA were quite comparable, with high direct industrial and sales exposure to Europe and a similar product positioning, their strategies started to diverge when Renault further strengthened its presence in Russia through Avtovaz, and when PSA opportunistically bought Opel from GM to reinforce its already significant exposure to the European market. The group's exposure to Europe should be favorable in 2018-19, but not so much thereafter after.

Charles Pinel

Proxy Report - 15/06/2018

Carlos Ghosn fait partie des nombreux Président-Directeurs généraux du CAC 40 dont le renouvellement est demandé cette année. Le maintien du cumul des fonctions de Président du Conseil et de Directeur Général n'est clairement pas une pratique souhaitable de gouvernance et les contre-pouvoirs mis en place semblent insuffisants, d'autant que Carlos Ghosn cumule par ailleurs de nombreuses fonctions au sein du groupe qui le rendent incontournables (PDG de Renault, Président du conseil de Nissan Motor après en avoir été PDG jusqu'en avril 2017, Président du conseil de Mitsubishi, Président du direc...

Charles Pinel

Etude de l'AG du 15/06/2017

Après le rejet de la résolution sur la rémunération de Carlos Ghosn lors de l'AG 2016, la rémunération attribuée au titre de 2016 de 7M€, soit 15,4M€ en incluant sa dernière rémunération chez Nissan, est tout simplement le témoignage d'une nouvelle défaillance du conseil d'administration, incapable d'écouter sérieusement ses actionnaires, incapable de prendre en compte qu'il perçoit déjà des émoluments chez Nissan, incapable d'aligner la politique de rémunération sur les pratiques standards du CAC 40, incapable de fixer des objectifs exigeants pour le calcul du bonus. Proxinvest recommande don...

Matthieu DRIOL

Short term view - RENAULT SA : Falling prices.

The background trend is clearly bearish. Prices are falling again, but the movement has become hesitant. The next support is at €63.55. The background trend would be questioned should prices rise above €78.96.

Matthieu DRIOL

Analyse court terme - RENAULT SA : Les prix baissent.

La tendance de fond est clairement orientée à la baisse. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 63,55 €. La tendance de fond serait remise en cause en cas de franchissement de 78,96 €.

Matthieu DRIOL

Short term view - RENAULT SA : The movement goes on.

The background trend is clearly bearish. The movement goes on. The next target is at €63.55, then €58.51. Passing €78.96 would question the continuation of the fall.

Matthieu DRIOL

Analyse court terme - RENAULT SA : Le mouvement se poursuit.

La tendance de fond est clairement orientée à la baisse. Le mouvement se poursuit. Le prochain objectif est à 63,55 €, puis 58,51 €. Le franchissement de 78,96 € remettrait en cause la suite de la baisse.

Matthieu DRIOL

Medium term view - RENAULT SA : The trend is bearish.

The trend is bearish. The movement goes on. The next target is at €57.55, then €53.39. Passing €88.80 would question the continuation of the fall.

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