Red Electrica Corporacion Stock Rating Upgraded by Societe Generale (REE)
Red Electrica Corporacion (EU:REE) was upgraded by equities research analysts at Societe Generale to a “hold” rating in a research note issued to investors on Monday, Analyst Ratings Network reports.
Shares of Red Electrica Corporacion (EU:REE) traded down 1.27% during mid-day trading on Monday, hitting $1.55. The stock had a trading volume of 431,522 shares. Red Electrica Corporacion has a 52-week low of $1.10 and a 52-week high of $3.50. The stock has a 50-day moving average of $1.48 and a 200-day moving average of $1.96. The company’s market cap is $73.8 million.
Separately, analysts at Morgan Stanley upgraded shares of Red Electrica Corporacion to an “equal weight” rating in a research note to investors on Monday. Four investment analysts have rated the stock with a hold rating, The stock presently has a consensus rating of “Hold” and a consensus price target of €40.25 ($55.14).
Rare Element Resources Ltd. (EU:REE) is engaged in the acquisition, exploration and development of mineral properties.
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