Trasmissione Elettricita Rete Nazionale Spa TERNA (NASDAQ:TEZNY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report released on Tuesday.

According to Zacks, “TERNA Rete Elettrica Nazionale SpA engages in the grid operation for the transmission of electricity primarily in Italy. The company provides entire electricity system and for guaranteeing the supply of electricity to all companies and private individuals. TERNA Rete Elettrica Nazionale SpA is headquartered in Rome, Italy. “

Trasmissione Elettricita Rete Nazionale Spa TERNA (NASDAQ:TEZNY) opened at 17.26 on Tuesday. Trasmissione Elettricita Rete Nazionale Spa TERNA has a one year low of $12.18 and a one year high of $18.30. The firm has a 50-day moving average of $17.66 and a 200 day moving average of $16.61. The company has a market capitalization of $11.56 billion and a price-to-earnings ratio of 14.60.

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