Redeia Corporación, S.A. (OTCMKTS:RDEIY – Get Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as $9.82 and last traded at $9.81, with a volume of 20533 shares trading hands. The stock had previously closed at $9.69.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on RDEIY. BNP Paribas raised Redeia Corporación from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 2nd. Morgan Stanley cut shares of Redeia Corporación from an “equal weight” rating to an “underweight” rating in a research note on Thursday, December 5th.
Get Our Latest Stock Report on RDEIY
Redeia Corporación Stock Up 1.5 %
About Redeia Corporación
Redeia Corporación, SA engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. The company operates through three segments: Management and Operation of National Electricity Infrastructure; Management and Operation of International Electricity Infrastructure; and Telecommunications (Satellites and Fibre Optic).
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