Red Electrica Corporacion (OTCMKTS:RDEIY) was upgraded by analysts at Deutsche Bank from a “hold” rating to a “buy” rating in a research report issued on Wednesday.
Other research analysts have also issued research reports about the company. Zacks Investment Research upgraded Red Electrica Corporacion from a “hold” rating to a “buy” rating and set a $13.00 target price on the stock in a research report on Thursday, September 14th. ValuEngine upgraded Red Electrica Corporacion from a “hold” rating to a “buy” rating in a research report on Tuesday, November 14th. Royal Bank Of Canada lowered Red Electrica Corporacion from an “outperform” rating to a “sector perform” rating in a research report on Tuesday, September 5th. Finally, Berenberg Bank lowered Red Electrica Corporacion from a “buy” rating to a “sell” rating in a research report on Wednesday, November 1st. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. Red Electrica Corporacion currently has an average rating of “Hold” and an average target price of $12.00.
Red Electrica Corporacion (OTCMKTS RDEIY) opened at $11.19 on Wednesday. Red Electrica Corporacion has a 52-week low of $8.69 and a 52-week high of $11.57.
COPYRIGHT VIOLATION NOTICE: This piece was posted by Stock Observer and is the sole property of of Stock Observer. If you are viewing this piece on another domain, it was stolen and reposted in violation of international trademark & copyright laws. The correct version of this piece can be viewed at https://www.thestockobserver.com/2017/12/08/red-electrica-corporacion-rdeiy-rating-increased-to-buy-at-deutsche-bank.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.