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

Ahmed Ben Salem ...
  • Benoit Valleaux
  • Bruno Cavalier
  • Emira Sagaama
  • Florent Laroche-Joubert
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Matthias Desmarais
  • Olfa Taamallah
  • Olivier Lebrun
  • Stephane Houri
  • Steven Gould
  • Veysel Taze
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 03/18/2019

...

Ahmed Ben Salem ...
  • Benoit Valleaux
  • Bruno Cavalier
  • Emira Sagaama
  • Florent Laroche-Joubert
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Matthias Desmarais
  • Olfa Taamallah
  • Olivier Lebrun
  • Stephane Houri
  • Steven Gould
  • Veysel Taze
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 18/03/2019

...

François Maury ...
  • Georges Dieng

ODDO : EU+EFTA market: down 0.9% in February, i.e. -2.9% YTD

>Down 0.9% in February, i.e. -2.9% YTD - European (EU+EFTA) registrations are down for the fifth month in a row: -0.9% in February at 1 148.8k units, i.e. -2.9% YTD at 2,374.9k units The decline is driven mainly by Spain and Italy (-8.8% and -2.4% respectively) while sales rose in Germany (+2.7%), France (+2.1%) and the UK (+1.4%).Carmakers underscored the challenging market in Italy, Spain (political uncertainty) and the UK (Brexit) and a less clear situati...

François Maury ...
  • Georges Dieng

ODDO : Marché EU +EFTA : Baisse de 0.9% en février soit -2.9% YTD

>Baisse de 0.9% en février soit -2.9% YTD - Les immatriculations européennes (EU+EFTA) sont en baisse pour le 5ième mois consécutif : -0.9% sur février à 1 148.8k unités soit -2.9% YTD à 2 374.9k unités La baisse vient principalement de l’Espagne et de l’Italie (-8.8% et -2.4% respectivement) tandis que les ventes sont en hausse en Allemagne (+2.7%), France (+2.1%) et au Royaume-Uni (+1.4%).Les constructeurs mettent en avant des marchés difficiles en Italie,...

Alain William ...
  • Emmanuel Matot
  • François Maury
  • Georges Dieng
  • Louis Boujard
  • Philippe Ourpatian

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 03/13/2019

Offshore and FPSO-type floating production systems will remain key for the future balance of the oil market. Between now and 2035, new offshore projects producing an additional 20 mb/d will have to be launched! We expect an acceleration in momentum in this segment after several years of underinvestment. SBM Offshore, on which we adopt a Buy recommendation (vs Neutral) with a target price of € 22, is the key player in this segment in our view. We remain more cautious on players with a ...

Moody's affirms Renault's Baa3 LT issuer rating, outlook changed to stable

Rating Action: Moody's affirms Renault's Baa3 LT issuer rating, outlook changed to stable. Global Credit Research- 07 Mar 2019. Frankfurt am Main, March 07, 2019-- Moody's Investors Service has today affirmed Renault S.A.' s Baa3 long term issuer rating, Baa3 long term senior unsecured ratings and the Prime-3 short term ratings.

Moody's announces completion of a periodic review of ratings of Renault S.A.

Announcement: Moody's announces completion of a periodic review of ratings of Renault S.A. Global Credit Research- 30 Jan 2019. Frankfurt am Main, January 30, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Renault S.A. and other ratings that are associated with the same analytical unit.

Nissan Motor Co., Ltd. and Renault S.A.: Scenario analysis - Extensive cooperation between the two automakers calls for deeper alliance despite uncertainties

Nissan and Renault are most likely to further integrate their businesses given extensive cooperation in their operations. Further integration supports profitability, which is credit positive

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

Ahmed Ben Salem ...
  • Benoit Valleaux
  • Bruno Cavalier
  • Emira Sagaama
  • Florent Laroche-Joubert
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Matthias Desmarais
  • Olfa Taamallah
  • Olivier Lebrun
  • Stephane Houri
  • Steven Gould
  • Veysel Taze
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 03/18/2019

...

Ahmed Ben Salem ...
  • Benoit Valleaux
  • Bruno Cavalier
  • Emira Sagaama
  • Florent Laroche-Joubert
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Matthias Desmarais
  • Olfa Taamallah
  • Olivier Lebrun
  • Stephane Houri
  • Steven Gould
  • Veysel Taze
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 18/03/2019

...

François Maury ...
  • Georges Dieng

ODDO : EU+EFTA market: down 0.9% in February, i.e. -2.9% YTD

>Down 0.9% in February, i.e. -2.9% YTD - European (EU+EFTA) registrations are down for the fifth month in a row: -0.9% in February at 1 148.8k units, i.e. -2.9% YTD at 2,374.9k units The decline is driven mainly by Spain and Italy (-8.8% and -2.4% respectively) while sales rose in Germany (+2.7%), France (+2.1%) and the UK (+1.4%).Carmakers underscored the challenging market in Italy, Spain (political uncertainty) and the UK (Brexit) and a less clear situati...

François Maury ...
  • Georges Dieng

ODDO : Marché EU +EFTA : Baisse de 0.9% en février soit -2.9% YTD

>Baisse de 0.9% en février soit -2.9% YTD - Les immatriculations européennes (EU+EFTA) sont en baisse pour le 5ième mois consécutif : -0.9% sur février à 1 148.8k unités soit -2.9% YTD à 2 374.9k unités La baisse vient principalement de l’Espagne et de l’Italie (-8.8% et -2.4% respectivement) tandis que les ventes sont en hausse en Allemagne (+2.7%), France (+2.1%) et au Royaume-Uni (+1.4%).Les constructeurs mettent en avant des marchés difficiles en Italie,...

François Maury ...
  • Georges Dieng

Renault : First agreement for fresh impetus for the Alliance

>Alliance: fresh impetus on the horizon for the 20-year anniversary! - Yesterday morning, Renault, Nissan and Mitsubishi Motors organised a press conference to announce the signing of a framework agreement intended to provide the Alliance with fresh impetus:Recognition by the three partners of the significant successes of the Alliance and commitment to continuing and strengthening it;Creation of an Alliance operating board consisting of Jean Dominique Senard...

1 director bought

A director at Renault bought 1,700 shares at 59.526EUR 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...

Alain William ...
  • Emmanuel Matot
  • François Maury
  • Georges Dieng
  • Louis Boujard
  • Philippe Ourpatian

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 03/13/2019

Offshore and FPSO-type floating production systems will remain key for the future balance of the oil market. Between now and 2035, new offshore projects producing an additional 20 mb/d will have to be launched! We expect an acceleration in momentum in this segment after several years of underinvestment. SBM Offshore, on which we adopt a Buy recommendation (vs Neutral) with a target price of € 22, is the key player in this segment in our view. We remain more cautious on players with a ...

Alain William ...
  • Emmanuel Matot
  • François Maury
  • Georges Dieng
  • Louis Boujard
  • Philippe Ourpatian

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 13/03/2019

...

Alain William ...
  • Alfred Glaser
  • Delphine Brault
  • Emira Sagaama
  • Emmanuel Matot
  • Fatma Agnès Hamdani
  • François Maury
  • Georges Dieng
  • Laurence Hofmann
  • Matthias Desmarais
  • Michael Foundoukidis
  • Olfa Taamallah
  • Olivier Lebrun
  • Stephane Houri
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 01/23/2019

...

Alain William ...
  • Alfred Glaser
  • Delphine Brault
  • Emira Sagaama
  • Emmanuel Matot
  • Fatma Agnès Hamdani
  • François Maury
  • Georges Dieng
  • Laurence Hofmann
  • Matthias Desmarais
  • Michael Foundoukidis
  • Olfa Taamallah
  • Olivier Lebrun
  • Stephane Houri
  • Yan Derocles

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 23/01/2019

Le statut de valeur défensive de Legrand devrait ponctuellement être mis à mal par une conjonction d’éléments défavorables en 2019, dont un mix défavorable (forte exposition France et Italie), des effets de base difficiles et un impact brut estimé à -70 pb des tarifs douaniers. Opinion abaissée d’Achat à Neutre. - Cf. étude publiée ce matin. - ...

Ahmed Ben Salem ...
  • Alexandre Iatrides
  • Bruno Cavalier
  • Christophe-Raphaël Ganet
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Laurence Hofmann
  • Olfa Taamallah
  • Stephane Houri
  • Steven Gould
  • Veysel Taze
  • Yan Derocles
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 01/21/2019

...

Increased risk weighs on RENAULT SA, penalising its rating down to Slightly Negative

The independent financial analyst theScreener just lowered the general evaluation of RENAULT SA (FR), active in the Automobiles industry. As regards its fundamental valuation, the title still shows 2 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date March 1, 2019, the closing price was EUR 60.65 and its target price was estimated at EUR 50.37.

Ng Adrian

Renault SA

Ng Adrian

Renault SA

Ng Adrian

Renault SA

Ng Adrian

Renault SA

MarketLine Department

Fiat Chrysler Automobiles NV - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Fiat Chrysler Automobiles NV 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 Fiat Chrysler Automobiles NV since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its compe...

MarketLine Department

Groupe PSA - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Groupe PSA 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 Groupe PSA since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Highlights T...

MarketLine Department

General Motors Company - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's General Motors Company 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 General Motors Company since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advan...

MarketLine Department

Mitsubishi Motors Corporation - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Mitsubishi Motors Corporation 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 Mitsubishi Motors Corporation since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its co...

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)

Renault - Assemblée générale des actionnaires du 12 juin 2019

Proxinvest publiera une étude analysant les résolutions proposées lors de la tenue de l’assemblée générale des actionnaires. Vous pouvez l'acquérir dès à présent et elle vous sera adressée par ResearchPool une fois publiée.

Renault – Proxinvest Corporate Governance Rating ® : D

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

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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