Shares of Red Electrica Corporacion SA (OTCMKTS:RDEIY) have been assigned a consensus rating of “Hold” from the six ratings firms that are covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, two have given a hold recommendation and two have given a buy recommendation to the company.

RDEIY has been the subject of several research analyst reports. Berenberg Bank downgraded Red Electrica Corporacion from a “buy” rating to a “sell” rating in a report on Wednesday, November 1st. Zacks Investment Research downgraded Red Electrica Corporacion from a “buy” rating to a “hold” rating in a research note on Wednesday, September 13th. ValuEngine upgraded Red Electrica Corporacion from a “hold” rating to a “buy” rating in a research note on Tuesday, November 14th. Societe Generale downgraded Red Electrica Corporacion from a “hold” rating to a “sell” rating in a research note on Thursday, September 14th. Finally, Royal Bank Of Canada downgraded Red Electrica Corporacion from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, September 5th.

Shares of Red Electrica Corporacion (OTCMKTS RDEIY) opened at $11.00 on Wednesday. Red Electrica Corporacion has a twelve month low of $8.69 and a twelve month high of $11.57.

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About Red Electrica Corporacion

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