ubs maintains neutral rating on renault with target price of 41 euros

Renault has been given a 'Neutral' rating by UBS, with a target price of 41 euros.

There is speculation about a potential merger between Nissan and Honda, and 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.

Recent media reports suggest that the automotive industry may be undergoing changes that could affect Renault's strategic decisions.

The study was published on December 18, 2024, and reflects UBS's cautious outlook on Renault's future in light of evolving partnerships in the automotive sector.

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