Renault's first-half report is expected to be hit by cost and mix headwinds, which should be partially mitigated by the French carmaker's cost-reduction measures, Deutsche Bank analyst Christoph Laskawi writes. The bank expects higher volumes and fully ramped mitigation measures to drive a margin improvement for the second half versus the first half. It sees a risk that the full-year margin drifts towards 5%, but that could still see it rank above other European automakers for 2026 overall. The bank lowers its target price on the stock to 35 euros from 40 euros and retains its hold rating. Shares rise 2.4% to 25.67 euros. (dominic.chopping@wsj.com)
Dow Jones Newswires
Renault's Cost-Cutting Efforts Can Help Counter Headwinds — Market Talk
- Sources
- Dow Jones Newswires
- Markets
- Stocks
- Active symbols
- EURONEXT:RNO
- Language
- English
Renault's first-half report is expected to be hit by cost and mix headwinds, which should be partially mitigated by the French carmaker's cost-reduction measures, Deutsche Bank analyst Christoph Laskawi writes. The bank expects higher volumes and fully ramped mitigation measures to drive a margin i…