Acciona (OTCMKTS:ACXIF) Rating Lowered to Sell at Citigroup

Citigroup lowered shares of Acciona (OTCMKTS:ACXIFGet Rating) from a neutral rating to a sell rating in a research note issued to investors on Monday morning, The Fly reports.

A number of other equities research analysts have also commented on ACXIF. JPMorgan Chase & Co. raised their price target on Acciona from €38.00 ($38.78) to €44.00 ($44.90) and gave the stock an overweight rating in a research report on Wednesday, August 24th. Royal Bank of Canada raised their price target on Acciona from €185.00 ($188.78) to €190.00 ($193.88) and gave the company a sector perform rating in a research note on Wednesday, September 28th. Barclays raised their price target on Acciona from €175.00 ($178.57) to €201.00 ($205.10) in a research note on Monday, August 29th. Finally, Grupo Santander downgraded Acciona from an outperform rating to a neutral rating in a research note on Tuesday, September 20th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of Hold and a consensus price target of $118.25.

Acciona Stock Performance

Acciona stock opened at $180.00 on Monday. Acciona has a 12-month low of $154.24 and a 12-month high of $216.65. The business’s 50-day simple moving average is $176.78 and its 200 day simple moving average is $187.54.

About Acciona

(Get Rating)

Acciona, SA, together with its subsidiaries, engages in the energy, infrastructure, and other businesses in Spain and internationally. The company develops, constructs, operates, and maintains wind, solar photovoltaic, solar thermal, hydro, and biomass plants. It also engages in designing, construction, maintenance, and management of infrastructure projects, including bridges, highways, motorways, roads, tunnels, railway, and metros and trams, as well as ports and water channels, airports, freight forwarding, data centers, substations, and transmission lines.

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Analyst Recommendations for Acciona (OTCMKTS:ACXIF)

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