Iberdrola SA (MCE: IBE)‘s stock had its “buy” rating reaffirmed by research analysts at Grupo Santander in a report released on Friday. They currently have a $6.07 (€5) target price on the stock.

Several other analysts have also recently commented on the stock. Analysts at BNP Paribas reiterated an “underperform” rating on shares of Iberdrola SA in a research note to investors on Wednesday. They now have a $5.27 price target on the stock. Separately, analysts at HSBC reiterated a “neutral” rating on shares of Iberdrola SA in a research note to investors on Tuesday, February 5th. They now have a $5.81 price target on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Iberdrola SA in a research note to investors on Thursday, January 31st. They now have a $6.35 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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