ENXTPA:RNOAuto
Renault (ENXTPA:RNO) Stock Could Be 32% Undervalued After Flexis Buyout
Renault (ENXTPA:RNO) has taken full control of Flexis after receiving regulatory approval, a move directly linked to its plan to launch the Renault Trafic Van E Tech electric on a Software Defined Vehicle platform.
See our latest analysis for Renault.
Despite the push into Software Defined Vehicles and defense-related projects, Renault’s 1-year total shareholder return is down 24.21%, and the share price has fallen 25.11% year to date to €27.23, pointing to weak recent momentum.
If this kind...