RED ELECTRICA C/ADR (RDEIY) Given Average Rating of “Hold” by Analysts
RED ELECTRICA C/ADR (OTCMKTS:RDEIY) has been given an average recommendation of “Hold” by the six research firms that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating on the company.
Separately, ValuEngine raised RED ELECTRICA C/ADR from a “sell” rating to a “hold” rating in a research note on Wednesday, June 27th.
Shares of RED ELECTRICA C/ADR stock traded up $0.06 during trading on Monday, reaching $10.36. 40,820 shares of the company were exchanged, compared to its average volume of 37,647. RED ELECTRICA C/ADR has a twelve month low of $9.38 and a twelve month high of $11.42. The stock has a market cap of $11.17 billion, a PE ratio of 14.79 and a beta of 0.57.
Red Eléctrica Corporación, SA transmits electricity; operates and manages transmission network for the electricity system; and manages electricity transmission grid in Spain and internationally. Its transmission network comprises approximately 43,800 kilometers; and has 86,654 MVA of transformer capacity.
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