BPI Gives Buy Rating to Iberdrola SA (IBE)
A number of other firms have also recently commented on IBE. Analysts at Deutsche Bank upgraded shares of Iberdrola SA to a “buy” rating in a research note to investors on Monday, October 29th. They now have a $5.97 price target on the stock. Separately, analysts at Banco Sabadell reiterated a “sell” rating on shares of Iberdrola SA in a research note to investors on Wednesday, October 24th. They now have a $5.70 price target on the stock. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of Iberdrola SA in a research note to investors on Monday, October 22nd. They now have a $4.32 price target on the stock.
Iberdrola SA is a Spain-based company principally engaged in the energy sector. Its main activities include the provision of services related to the production, transmission and distribution of electric power and its by-products, computer and telecommunications services, services related to the treatment and distribution of water, as well as urban and gas retailing services, among others.
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