Redeia Corporacion (OTCMKTS:RDEIY) Lowered to “Hold” Rating by Sanford C. Bernstein

Posted by James Quigley on Sep 25th, 2025

Sanford C. Bernstein downgraded shares of Redeia Corporacion (OTCMKTS:RDEIY – Free Report) from a strong-buy rating to a hold rating in a report published on Monday,Zacks.com reports.

A number of other research firms also recently issued reports on RDEIY. Citigroup upgraded shares of Redeia Corporacion to a “strong-buy” rating in a research report on Wednesday, July 23rd. Kepler Capital Markets downgraded Redeia Corporacion from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 1st. Finally, Jefferies Financial Group lowered shares of Redeia Corporacion from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 19th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

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Redeia Corporacion Stock Performance

Shares of OTCMKTS:RDEIY opened at $9.53 on Monday. Redeia Corporacion has a 1-year low of $8.03 and a 1-year high of $11.50. The company has a 50 day moving average price of $9.71 and a 200 day moving average price of $10.07.

Redeia Corporacion Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, July 23rd. Shareholders of record on Tuesday, July 8th were paid a $0.2115 dividend. This is a boost from Redeia Corporacion’s previous dividend of $0.11. This represents a dividend yield of 257.0%. The ex-dividend date of this dividend was Monday, July 7th.

Redeia Corporacion Company Profile

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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).