Acciona (OTCMKTS:ACXIF) Downgraded by Royal Bank of Canada

Acciona (OTCMKTS:ACXIF – Get Rating) was downgraded by analysts at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating in a research note issued to investors on Tuesday, The Fly reports.

Separately, Societe Generale raised their target price on Acciona from €36.50 ($38.02) to €37.00 ($38.54) in a research note on Friday, February 25th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Acciona presently has a consensus rating of “Buy” and an average target price of $37.00.

ACXIF stock opened at $184.24 on Tuesday. Acciona has a fifty-two week low of $143.96 and a fifty-two week high of $216.65. The stock has a fifty day moving average of $190.82 and a 200-day moving average of $181.79.

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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