Jefferies and Goldman Sachs upgraded their equity ratings on French companies Renault and Pluxee on Tuesday, November 10, 2026, according to a market briefing from BFM Bourse.
Jefferies raised its recommendation on automaker Renault to buy from hold. The brokerage also increased its price target on the stock to 34 euros per share, up from its previous target of 30 euros.
In the same morning roundup, Goldman Sachs lifted its rating on employee benefits provider Pluxee to neutral, moving up from a previous recommendation to sell.
The analyst updates were published by French financial news outlet BFM Bourse under its Tradingsat market service. Alongside the broker calls, the briefing listed a closing share price of 11.88 euros for Pluxee and recorded a closing figure of 8,233 points for the Renault entry. The report did not include a revised price target from Goldman Sachs for Pluxee or detail the analysts' underlying financial projections.
Renault and Pluxee on Euronext Paris
Renault SA is a French multinational vehicle manufacturer headquartered in Boulogne-Billancourt, near Paris. The group designs, manufactures, and sells passenger cars and light commercial vehicles under the Renault, Dacia, and Alpine brands. Its shares trade on the Euronext Paris stock exchange, where the company is a member of France's benchmark CAC 40 index.
Pluxee NV is a Paris-based provider of employee benefits and engagement services. Operating across dozens of countries, the company supplies digital meal vouchers, gift cards, and mobility allowances to corporate clients and their staff. Formerly the benefits and rewards division of French food services group Sodexo, Pluxee became a standalone publicly listed company on Euronext Paris following a spin-off.
How Broker Ratings and Price Targets Work
Jefferies Financial Group and Goldman Sachs Group are New York-based global investment banks whose equity research teams track publicly traded European companies for institutional and retail investors. Brokers issue standardised three-tier ratings to guide portfolio decisions.
An upgrade from hold to buy indicates that an analyst believes a stock is undervalued relative to its target price, whereas a shift from sell to neutral means the brokerage no longer expects the shares to lag their sector benchmark.
