Iberdrola SA Stock Rating Reaffirmed by Grupo Santander (IBE)
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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