Is Red Electrica (OTCMKTS:RDEIY) Now a Sell? Why did Citigroup Downgrade The Stock?

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Red Electrica (OTCMKTS:RDEIY) Receives a Downgrade

The Equity Rating of Red Electrica (OTCMKTS:RDEIY) rating was downgraded by stock analysts at Citigroup from the previous Neutral rating to a Sell rating in a very recent research note revealed on 10 December.

Approximately 807 shares of stock traded hands. RED ELECTRICA CORP UNSP ADR EACH REPR 0.20 ORD (OTCMKTS:RDEIY) has risen 4.48% since May 7, 2015 and is uptrending. It has outperformed by 6.41% the S&P500.

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