Iberdrola SA (IBE) PT Set at €7.20 by Goldman Sachs Group Inc.
Iberdrola SA (MCE:IBE) received a €7.20 ($8.00) price target from analysts at Goldman Sachs Group Inc. in a research note issued on Monday. The brokerage presently has a a “buy” rating on the stock.
IBE has been the topic of several other reports. Royal Bank Of Canada set a €7.25 ($8.06) price objective on Iberdrola SA and gave the company a “buy” rating in a research report on Thursday, June 30th. Independent Research GmbH set a €6.70 ($7.44) target price on Iberdrola SA and gave the company a “neutral” rating in a research note on Thursday, July 21st. Deutsche Bank AG set a €6.50 ($7.22) target price on Iberdrola SA and gave the company a “buy” rating in a research note on Monday, June 27th. BNP Paribas set a €5.40 ($6.00) target price on Iberdrola SA and gave the company a “sell” rating in a research note on Tuesday, July 5th. Finally, Credit Suisse Group AG set a €6.90 ($7.67) target price on Iberdrola SA and gave the company a “buy” rating in a research note on Thursday, July 21st. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of €6.82 ($7.58).
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. Its Network business includes a range of energy transmission and distribution activities, and other regulated activity originated in Spain, the United Kingdom, the United States and Brazil.
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