PriceTargets.com logo

Red Eléctrica Corporación - RDEIY Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $18.35
  • Forecasted Upside: 117.90%
  • Number of Analysts: 5
  • Breakdown:
  • 1 Sell Ratings
  • 3 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$8.42 As of 03/24/2023 01:00 AM ET
▼ -0.07 (-0.82%)

This chart shows the closing price for RDEIY by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Red Eléctrica Corporación Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for RDEIY and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for RDEIY

Analyst Price Target is $18.35
▲ +117.90% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Red Eléctrica Corporación in the last 3 months. The average price target is $18.35, with a high forecast of $20.00 and a low forecast of $16.00. The average price target represents a 117.90% upside from the last price of $8.42.

This chart shows the closing price for RDEIY for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Hold

The current consensus among 5 investment analysts is to hold stock in Red Eléctrica Corporación. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 6 hold ratings
  • 3 sell ratings
Ratings as of
10/1/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 3 sell ratings
Ratings as of
12/30/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 2 sell ratings
Ratings as of
3/30/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 2 sell ratings
Ratings as of
6/28/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
9/26/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
12/25/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
2/23/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
3/25/2023

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
3/14/2023Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform
12/16/2022JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight
12/5/2022Royal Bank of CanadaLower Target€21.00 ➝ €20.00
11/18/2022Grupo SantanderUpgradeNeutral ➝ Outperform€18.64
11/2/2022Berenberg BankUpgradeSell ➝ Hold
6/8/2022UBS GroupBoost Target€16.10 ➝ €18.75
4/29/2022Morgan StanleyUpgradeUnderweight ➝ Equal Weight
4/6/2022Morgan StanleyBoost Target€15.00 ➝ €16.00
3/18/2022Royal Bank of CanadaBoost TargetOutperform ➝ Outperform€20.00 ➝ €20.50
2/24/2022Societe GeneraleUpgradeSell ➝ Hold
2/16/2022UBS GroupUpgradeSell ➝ Neutral
1/25/2022Royal Bank of CanadaBoost Target€18.00 ➝ €20.00
12/2/2021Deutsche Bank AktiengesellschaftReiterated RatingSell
10/29/2021Morgan StanleyReiterated RatingUnderweight
10/21/2021CitigroupDowngradeBuy ➝ Neutral
9/9/2021UBS GroupDowngradeNeutral ➝ Sell
9/3/2021BarclaysReiterated RatingUnderweight
7/30/2021Societe GeneraleDowngradeBuy ➝ Hold
6/22/2021Deutsche Bank AktiengesellschaftDowngradeHold ➝ Sell
4/7/2021UBS GroupReiterated RatingNeutral
3/26/2021Deutsche Bank AktiengesellschaftReiterated RatingHold
3/10/2021Royal Bank of CanadaReiterated RatingOutperform
2/26/2021Morgan StanleyReiterated RatingUnderweight
2/25/2021BarclaysReiterated RatingUnderweight
2/25/2021Societe GeneraleReiterated RatingBuy
2/25/2021Kepler Capital MarketsReiterated RatingBuy ➝ Hold
2/22/2021JPMorgan Chase & Co.Reiterated RatingNeutral
2/16/2021Morgan StanleyReiterated RatingUnderweight
2/12/2021UBS GroupInitiated CoverageNeutral
2/11/2021BarclaysReiterated RatingUnderweight
2/9/2021JPMorgan Chase & Co.Reiterated RatingNeutral
2/9/2021Sanford C. BernsteinInitiated CoverageMarket Perform
2/1/2021Deutsche Bank AktiengesellschaftReiterated RatingHold
9/15/2020Morgan StanleyInitiated CoverageUnderweight
7/17/2020Deutsche Bank AktiengesellschaftReiterated RatingHold
7/7/2020JPMorgan Chase & Co.Reiterated RatingNeutral
4/3/2020Deutsche Bank AktiengesellschaftDowngradeBuy ➝ Hold
3/13/2020Deutsche Bank AktiengesellschaftUpgradeHold ➝ Buy
3/10/2020Societe GeneraleUpgradeHold ➝ Buy
7/9/2019Societe GeneraleUpgradeSell ➝ Hold
7/8/2019Royal Bank of CanadaUpgradeUnderperform ➝ Outperform
3/5/2019Deutsche Bank AktiengesellschaftDowngradeHold ➝ Sell
3/1/2019Royal Bank of CanadaReiterated RatingSector Perform ➝ Underperform
1/28/2019Societe GeneraleReiterated RatingHold ➝ Sell
1/22/2019CitigroupDowngradeBuy ➝ Neutral
1/16/2019Morgan StanleyReiterated RatingEqual Weight ➝ Underweight
1/8/2019BNP ParibasReiterated RatingOutperform ➝ Neutral
(Data available from 3/26/2018 forward)

News Sentiment Rating

0.00 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/28/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/27/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/27/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/26/2022
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/26/2022
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/25/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/24/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/26/2023

Current Sentiment

  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

  • No very positive mentions tracked during this time.
Red Eléctrica Corporación logo
Red Eléctrica Corp. SA engages in the power transmission and operation of electrical systems. It also offers telecommunication services and other related activities. The company was founded on January 29, 1985 and is headquartered in Alcobendas, Spain.
Read More

Today's Range

Now: $8.42
Low: $8.36
High: $8.43

50 Day Range

MA: $8.57
Low: $8.12
High: $9.01

52 Week Range

Now: $8.42
Low: $7.03
High: $10.64

Volume

34,591 shs

Average Volume

37,755 shs

Market Capitalization

$9.11 billion

P/E Ratio

N/A

Dividend Yield

2.44%

Beta

0.47

Frequently Asked Questions

What sell-side analysts currently cover shares of Red Eléctrica Corporación?

The following Wall Street research analysts have issued research reports on Red Eléctrica Corporación in the last year: Berenberg Bank, Grupo Santander, JPMorgan Chase & Co., Morgan Stanley, Royal Bank of Canada, and UBS Group AG.
View the latest analyst ratings for RDEIY.

What is the current price target for Red Eléctrica Corporación?

4 Wall Street analysts have set twelve-month price targets for Red Eléctrica Corporación in the last year. Their average twelve-month price target is $18.35, suggesting a possible upside of 117.9%. Royal Bank of Canada has the highest price target set, predicting RDEIY will reach $20.00 in the next twelve months. Morgan Stanley has the lowest price target set, forecasting a price of $16.00 for Red Eléctrica Corporación in the next year.
View the latest price targets for RDEIY.

What is the current consensus analyst rating for Red Eléctrica Corporación?

Red Eléctrica Corporación currently has 1 sell rating, 3 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in RDEIY, but not buy more shares or sell existing shares.
View the latest ratings for RDEIY.

What other companies compete with Red Eléctrica Corporación?

Other companies that are similar to Red Eléctrica Corporación include BEIJING ENTPS H/S, EVN, Vistra, Centrais Elétricas Brasileiras S.A. - Eletrobrás and United Utilities Group. Learn More about companies similar to Red Eléctrica Corporación.

How do I contact Red Eléctrica Corporación's investor relations team?

The utilities provider's listed phone number is (491) 650-8500 and its investor relations email address is [email protected] The official website for Red Eléctrica Corporación is www.ree.es. Learn More about contacing Red Eléctrica Corporación investor relations.