Iberdrola SA (MCE: IBE)‘s stock had its “buy” rating reiterated by equities research analysts at Societe Generale in a research note issued to investors on Tuesday. They currently have a $4.32 (€3) 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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