Red Electrica Corporacion SA (OTC:RDEIY) was downgraded by equities research analysts at Societe Generale from a “hold” rating to a “sell” rating in a research report issued on Thursday.

Separately, Royal Bank Of Canada cut Red Electrica Corporacion SA from an “outperform” rating to a “sector perform” rating in a research report on Tuesday, September 5th.

Red Electrica Corporacion SA (OTC:RDEIY) opened at 10.76 on Thursday. Red Electrica Corporacion SA has a 12-month low of $8.65 and a 12-month high of $11.57. The stock has a market capitalization of $11.61 billion, a price-to-earnings ratio of 15.22 and a beta of 0.67. The company has a 50 day moving average of $11.09 and a 200-day moving average of $10.45.

WARNING: This article was first posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this article on another website, it was illegally copied and reposted in violation of U.S. & international copyright and trademark laws. The correct version of this article can be accessed at https://www.thecerbatgem.com/2017/09/16/red-electrica-corporacion-sa-rdeiy-stock-rating-lowered-by-societe-generale.html.

Receive News & Stock 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 stocks with our FREE daily email newsletter.