Terna Rete Elettrica Nazionale (OTCMKTS:TEZNY) Sets New 12-Month High – Here’s Why

Terna Rete Elettrica Nazionale SpA Unsponsored ADR (OTCMKTS:TEZNY) reached a new 52-week high during trading on Friday . The stock traded as high as $31.79 and last traded at $31.79, with a volume of 847 shares trading hands. The stock had previously closed at $31.28.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada upgraded Terna Rete Elettrica Nazionale from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, September 23rd. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Terna Rete Elettrica Nazionale Stock Up 2.1%

The business has a fifty day moving average of $30.73 and a 200 day moving average of $30.22.

Terna Rete Elettrica Nazionale Company Profile

Terna S.p.A., together with its subsidiaries, provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally. It operates through Regulated, Non-Regulated, and International segments. The company is involved in the design, construction, management, development, operation, and maintenance of national transmission grid; dispatching and metering; and construction of storage systems.