ValuEngine upgraded shares of Red Electrica Corporacion SA (OTCMKTS:RDEIY) from a hold rating to a buy rating in a report released on Tuesday.

RDEIY has been the subject of a number of other research reports. Zacks Investment Research lowered shares of Red Electrica Corporacion SA from a buy rating to a hold rating in a report on Saturday, September 30th. Royal Bank Of Canada restated a sector perform rating on shares of Red Electrica Corporacion SA in a report on Tuesday, September 5th. Societe Generale lowered shares of Red Electrica Corporacion SA from a hold rating to a sell rating in a report on Thursday, September 14th. Finally, Berenberg Bank lowered shares of Red Electrica Corporacion SA from a buy rating to a sell rating in a report on Wednesday, November 1st. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company’s stock. Red Electrica Corporacion SA currently has an average rating of Hold and a consensus price target of $12.00.

Shares of Red Electrica Corporacion SA (RDEIY) traded down $0.09 on Tuesday, reaching $10.60. 3,349 shares of the company were exchanged, compared to its average volume of 57,164. Red Electrica Corporacion SA has a one year low of $8.65 and a one year high of $11.57.

COPYRIGHT VIOLATION WARNING: “Red Electrica Corporacion SA (RDEIY) Upgraded to “Buy” at ValuEngine” was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this report on another domain, it was stolen and republished in violation of U.S. and international copyright & trademark law. The original version of this report can be accessed at https://www.thecerbatgem.com/2017/11/15/red-electrica-corporacion-sa-rdeiy-upgraded-to-buy-at-valuengine.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.