Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from Iren S.p.A. ( (IT:IRE) ).
Fitch Ratings has upgraded Iren S.p.A.’s senior unsecured debt rating from ‘BBB’ to ‘BBB+’ and its hybrid bonds from ‘BB+’ to ‘BBB-‘. This upgrade follows the recent improvement in Italy’s Long-Term Issuer Default Rating, reflecting reduced risks associated with Iren’s debt instruments due to its substantial earnings from regulated activities.
The most recent analyst rating on (IT:IRE) stock is a Buy with a EUR3.00 price target. To see the full list of analyst forecasts on Iren S.p.A. stock, see the IT:IRE Stock Forecast page.
More about Iren S.p.A.
Iren S.p.A. operates in the utilities sector, focusing on providing essential services such as electricity, gas, and water. The company is a key player in the Italian market, with a significant portion of its earnings derived from regulated activities.
Average Trading Volume: 1,049,519
Technical Sentiment Signal: Buy
Current Market Cap: €3.33B
See more insights into IRE stock on TipRanks’ Stock Analysis page.