Red Electrica Corporacion (OTCMKTS:RDEIY) was upgraded by Deutsche Bank from a “hold” rating to a “buy” rating in a report issued on Wednesday.

RDEIY has been the subject of several other research reports. Royal Bank Of Canada cut shares of Red Electrica Corporacion from an “outperform” rating to a “sector perform” rating in a research report on Tuesday, September 5th. Zacks Investment Research cut shares of Red Electrica Corporacion from a “buy” rating to a “hold” rating in a research report on Wednesday, September 13th. Berenberg Bank lowered shares of Red Electrica Corporacion from a “buy” rating to a “sell” rating in a report on Wednesday, November 1st. ValuEngine raised shares of Red Electrica Corporacion from a “hold” rating to a “buy” rating in a report on Tuesday, November 14th. Finally, Societe Generale lowered shares of Red Electrica Corporacion from a “hold” rating to a “sell” rating in a report on Thursday, September 14th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $12.00.

Red Electrica Corporacion (OTCMKTS RDEIY) opened at $11.00 on Wednesday. Red Electrica Corporacion has a 1 year low of $8.69 and a 1 year high of $11.57.

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