Moody’s Upgrades ACEA’s Outlook to Positive, Affirms ‘Baa2’ Rating

ACEA SPA ( (IT:ACE) ) has provided an announcement.

Moody’s has upgraded ACEA’s outlook from ‘stable’ to ‘positive’ while maintaining its ‘Baa2’ rating, reflecting the company’s solid financial profile and diversified portfolio. This change aligns with the recent improvement in the Italian sovereign debt outlook, highlighting ACEA’s strong market position and financial stability.

The most recent analyst rating on (IT:ACE) stock is a Buy with a EUR19.00 price target. To see the full list of analyst forecasts on ACEA SPA stock, see the IT:ACE Stock Forecast page.

More about ACEA SPA

ACEA SPA operates in the utilities sector, focusing on providing essential services such as energy and water supply. The company maintains a diversified portfolio of regulated activities, which contributes to the predictability and stability of its earnings.

Average Trading Volume: 136,151

Technical Sentiment Signal: Buy

Current Market Cap: €4.6B

See more data about ACE stock on TipRanks’ Stock Analysis page.