Acciona, S.A. (OTCMKTS:ACXIF – Get Rating)’s share price dropped 0.1% during mid-day trading on Wednesday . The stock traded as low as $186.00 and last traded at $186.00. Approximately 9 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 109 shares. The stock had previously closed at $186.20.
ACXIF has been the subject of several recent research reports. Barclays increased their price objective on shares of Acciona from €152.00 ($158.33) to €180.00 ($187.50) and gave the stock an “equal weight” rating in a research report on Wednesday, May 25th. Societe Generale raised their price target on shares of Acciona from €36.50 ($38.02) to €37.00 ($38.54) in a report on Friday, February 25th. Finally, Royal Bank of Canada lowered shares of Acciona from an “outperform” rating to a “sector perform” rating in a report on Tuesday, May 17th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $108.50.
The stock’s 50 day simple moving average is $196.92 and its 200 day simple moving average is $183.64.
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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