Wondering if Renault shares are a hidden bargain or if the current price leaves little upside? You are not alone, and digging into the company’s valuation is the perfect place to start.
Recently, Renault’s share price slipped by 1.6% over the past week and is down 5.9% over the last month. This comes after a more significant decline of 28.5% so far this year. However, the three- and five-year returns remain positive at 20.7% and 32.9% respectively.
Recent headlines have focused on Renault’s push into electric vehicles and innovation partnerships, including deals with major tech firms, which have fueled investor debate about the stock’s future prospects. News coverage has highlighted both the challenges of global supply chains and the…
