Iberdrola SA (MCE:IBE) has been given a €7.00 ($8.24) price objective by equities researchers at Barclays PLC in a note issued to investors on Wednesday, August 2nd. The firm currently has a “neutral” rating on the stock.
Other equities research analysts have also recently issued research reports about the stock. Deutsche Bank AG set a €7.30 ($8.59) target price on shares of Iberdrola SA and gave the stock a “buy” rating in a research report on Friday, April 21st. Goldman Sachs Group, Inc. (The) set a €7.45 ($8.76) target price on shares of Iberdrola SA and gave the stock a “buy” rating in a research report on Thursday, July 6th. S&P Global set a €7.30 ($8.59) target price on shares of Iberdrola SA and gave the stock a “neutral” rating in a research report on Friday, July 21st. J P Morgan Chase & Co reiterated a “buy” rating on shares of Iberdrola SA in a research report on Friday, July 21st. Finally, Citigroup Inc. set a €8.00 ($9.41) target price on shares of Iberdrola SA and gave the stock a “buy” rating in a research report on Tuesday, June 13th. Eight investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of €7.17 ($8.44).
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Iberdrola SA Company Profile
IBERDROLA, SA is engaged in carrying out electricity and gas activities in Spain and abroad. The Company’s segments include Network business, Deregulated business, Renewable business and Other businesses. The Company’s Network business segment includes all the energy transmission and distribution activities, and any other regulated activity originated in Spain, the United Kingdom, the United States and Brazil.
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