Terna – Rete Elettrica Nazionale Società per Azioni (OTCMKTS:TEZNY) Price Target Lowered to €6.40 at Credit Suisse Group

Terna – Rete Elettrica Nazionale Società per Azioni (OTCMKTS:TEZNYGet Rating) had its target price reduced by Credit Suisse Group from €6.60 ($6.73) to €6.40 ($6.53) in a research report sent to investors on Wednesday morning, The Fly reports.

Other research analysts also recently issued research reports about the stock. UBS Group dropped their target price on shares of Terna – Rete Elettrica Nazionale Società per Azioni from €9.00 ($9.18) to €8.55 ($8.72) and set a buy rating on the stock in a report on Friday, July 29th. Royal Bank of Canada raised their price target on shares of Terna – Rete Elettrica Nazionale Società per Azioni from €6.20 ($6.33) to €6.80 ($6.94) in a research report on Monday, June 13th. JPMorgan Chase & Co. raised their price target on shares of Terna – Rete Elettrica Nazionale Società per Azioni from €6.62 ($6.76) to €7.55 ($7.70) in a research report on Thursday, June 2nd. Finally, Barclays decreased their price target on shares of Terna – Rete Elettrica Nazionale Società per Azioni from €7.00 ($7.14) to €6.60 ($6.73) and set an equal weight rating on the stock in a research report on Thursday, June 23rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Terna – Rete Elettrica Nazionale Società per Azioni presently has a consensus rating of Hold and an average price target of $7.18.

Terna – Rete Elettrica Nazionale Società per Azioni Trading Up 0.2 %

Shares of TEZNY opened at $21.27 on Wednesday. Terna – Rete Elettrica Nazionale Società per Azioni has a one year low of $20.49 and a one year high of $27.17. The company has a current ratio of 0.77, a quick ratio of 0.76 and a debt-to-equity ratio of 1.87. The company’s fifty day moving average price is $22.23 and its 200 day moving average price is $23.68.

About Terna – Rete Elettrica Nazionale Società per Azioni

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Terna – Rete Elettrica Nazionale Società per Azioni, together with its subsidiaries, engages in the electricity transmission and dispatching activities in Italy, Euro-area countries, and internationally. The company operates through Regulated, Non-Regulated, and International segments. It is involved in the planning, development, management, operation, and maintenance of national transmission grid, electricity infrastructures, and high-voltage infrastructures.

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