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ACEA SPA ( (IT:ACE) ) has provided an update.
Moody’s has upgraded ACEA’s credit rating from ‘Baa2’ to ‘Baa1’, reflecting the company’s solid financial profile and the positive dynamics of Italian sovereign debt. The outlook has been adjusted from ‘positive’ to ‘stable’, indicating a steady financial position and predictable earnings due to ACEA’s diversified business mix and regulated activities.
The most recent analyst rating on (IT:ACE) stock is a Buy with a EUR26.50 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 utility sector, focusing on providing essential services such as energy, water, and environmental management. The company is known for its diversified business mix and significant involvement in regulated activities, which contribute to predictable and stable earnings.
Average Trading Volume: 96,652
Technical Sentiment Signal: Buy
Current Market Cap: €4.8B
For an in-depth examination of ACE stock, go to TipRanks’ Overview page.