UBS has given Renault a 'Neutral' rating and set a target price of 41 euros. There is speculation about a potential merger between Nissan and Honda.
Analyst David Lesne has pointed out that Renault has previously expressed its intention to reduce its stake in Nissan. If the merger goes ahead, Renault could easily sell shares to a strategic partner or Honda.
Renault's stock has recently increased and closed at 46.72 euros, representing a 3.18% rise. The stock has fluctuated between a high of 54.50 euros and a low of 33.32 euros over the year. Trading activity has been strong on various exchanges, with prices reaching up to 47.53 euros in Hamburg and 47.08 euros in Frankfurt.