Goldman Sachs Group lowered shares of Acciona (OTCMKTS:ACXIF) from a buy rating to a neutral rating in a report released on Monday morning, The Fly reports.
Acciona stock opened at $96.25 on Monday. Acciona has a 52 week low of $82.10 and a 52 week high of $139.75. The firm’s 50-day simple moving average is $114.83 and its 200 day simple moving average is $106.85.
Acciona, SA engages in the development and management of infrastructure, renewable energy, water, and services in Spain and internationally. The company develops, constructs, operates, and maintains wind, solar photovoltaic, solar thermal, hydro, and biomass plants; operates a 9,000 megawatt project; develops energy projects with an installed capacity of approximately 2,000 megawatts for third parties; operates substations and transmission networks, as well as is involved in installation activities; markets electricity of renewable origin; and develops wind turbine-generators.
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