Red Electrica (RDEIY) Set to Announce Quarterly Earnings on Monday

Red Electrica (OTCMKTS:RDEIY) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, February 19th.

Shares of Red Electrica (OTCMKTS:RDEIY) opened at $9.80 on Monday. Red Electrica has a 12 month low of $8.93 and a 12 month high of $11.57.

RDEIY has been the topic of several recent research reports. Deutsche Bank raised Red Electrica from a “hold” rating to a “buy” rating in a research note on Wednesday, December 6th. ValuEngine cut Red Electrica from a “buy” rating to a “hold” rating in a research note on Friday, January 5th. Finally, Berenberg Bank cut Red Electrica from a “buy” rating to a “sell” rating in a research note on Wednesday, November 1st. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company’s stock. Red Electrica has an average rating of “Hold” and a consensus target price of $12.00.

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