Red Electrica Corporacion SA (OTCMKTS:RDEIY) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued on Tuesday.
Several other equities analysts have also commented on RDEIY. Zacks Investment Research raised Red Electrica Corporacion SA from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a research note on Saturday, August 26th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Red Electrica Corporacion SA in a research note on Tuesday, September 5th. Finally, Societe Generale reaffirmed a “sell” rating on shares of Red Electrica Corporacion SA in a research note on Thursday, September 14th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $12.00.
Shares of Red Electrica Corporacion SA (RDEIY) opened at $10.59 on Tuesday. Red Electrica Corporacion SA has a twelve month low of $8.65 and a twelve month high of $11.57.
TRADEMARK VIOLATION NOTICE: This news story was published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this news story on another site, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The correct version of this news story can be read at https://www.dispatchtribunal.com/2017/11/14/red-electrica-corporacion-sa-rdeiy-lifted-to-buy-at-valuengine.html.
Receive News & Ratings for Red Electrica Corporacion SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Red Electrica Corporacion SA and related companies with MarketBeat.com's FREE daily email newsletter.