Shares of Red Electrica Corp (OTCMKTS:RDEIY) have been assigned a consensus rating of “Hold” from the six analysts that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company.

RDEIY has been the topic of several analyst reports. Berenberg Bank downgraded shares of Red Electrica from a “buy” rating to a “sell” rating in a research note on Wednesday, November 1st. ValuEngine raised shares of Red Electrica from a “hold” rating to a “buy” rating in a research note on Tuesday, November 14th. Finally, Deutsche Bank raised shares of Red Electrica from a “hold” rating to a “buy” rating in a research note on Wednesday, December 6th.

Shares of Red Electrica (OTCMKTS:RDEIY) traded up $0.09 during midday trading on Thursday, hitting $10.73. 67,845 shares of the company traded hands, compared to its average volume of 61,957. Red Electrica has a 12 month low of $8.86 and a 12 month high of $11.57.

TRADEMARK VIOLATION WARNING: “Red Electrica Corp (RDEIY) Given Consensus Recommendation of “Hold” by Analysts” was first published by Watch List News and is owned by of Watch List News. If you are reading this story on another website, it was illegally stolen and reposted in violation of US and international copyright legislation. The correct version of this story can be accessed at https://www.watchlistnews.com/red-electrica-corp-rdeiy-given-consensus-recommendation-of-hold-by-analysts/1837975.html.

About Red Electrica

Receive News & Ratings for Red Electrica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Red Electrica and related companies with MarketBeat.com's FREE daily email newsletter.