Red Electrica Corporacion SA (OTCMKTS:RDEIY)‘s stock had its “sell” rating reiterated by analysts at Societe Generale in a research report issued on Thursday.

Several other equities research analysts have also recently weighed in on RDEIY. Zacks Investment Research upgraded Red Electrica Corporacion SA from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a report on Saturday, August 26th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Red Electrica Corporacion SA in a report on Tuesday, September 5th.

Red Electrica Corporacion SA (RDEIY) traded down 1.92% during trading on Thursday, reaching $10.75. The company’s stock had a trading volume of 8,032 shares. The firm’s 50-day moving average price is $11.08 and its 200 day moving average price is $10.44. Red Electrica Corporacion SA has a 12-month low of $8.65 and a 12-month high of $11.57. The company has a market capitalization of $11.60 billion, a P/E ratio of 15.21 and a beta of 0.67.

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