Iberdrola SA (MCE:IBE) has been given a €7.30 ($8.39) price objective by S&P Global in a research report issued on Friday. The firm currently has a “neutral” rating on the stock.
IBE has been the topic of a number of other research reports. J P Morgan Chase & Co set a €7.00 ($8.05) price target on shares of Iberdrola SA and gave the stock a “buy” rating in a report on Monday, April 24th. Barclays PLC set a €7.35 ($8.45) price target on shares of Iberdrola SA and gave the stock a “neutral” rating in a report on Monday, June 12th. Macquarie set a €6.70 ($7.70) price target on shares of Iberdrola SA and gave the stock a “neutral” rating in a report on Monday, June 19th. Goldman Sachs Group, Inc. (The) set a €7.45 ($8.56) price target on shares of Iberdrola SA and gave the stock a “buy” rating in a report on Thursday, May 25th. Finally, Deutsche Bank AG set a €7.30 ($8.39) price target on shares of Iberdrola SA and gave the stock a “buy” rating in a report on Friday, April 7th. Eight investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Iberdrola SA has a consensus rating of “Hold” and a consensus target price of €7.13 ($8.20).
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About Iberdrola SA
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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