Iberdrola SA (MCE:IBE) received a €7.80 ($8.97) price objective from equities research analysts at Goldman Sachs Group, Inc. (The) in a research report issued on Thursday. The brokerage currently has a “neutral” rating on the stock.

Several other research analysts also recently commented on IBE. J P Morgan Chase & Co set a €7.00 ($8.05) target price on shares of Iberdrola SA and gave the stock a “buy” rating in a research note on Wednesday, July 12th. Deutsche Bank AG set a €7.80 ($8.97) price objective on shares of Iberdrola SA and gave the company a “buy” rating in a research report on Wednesday, July 12th. Morgan Stanley set a €8.00 ($9.20) price objective on shares of Iberdrola SA and gave the company a “buy” rating in a research report on Tuesday. Citigroup Inc. set a €8.00 ($9.20) price objective on shares of Iberdrola SA and gave the company a “buy” rating in a research report on Tuesday, June 13th. Finally, Macquarie set a €6.70 ($7.70) price objective on shares of Iberdrola SA and gave the company a “neutral” rating in a research report on Monday, June 19th. Seven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Iberdrola SA has an average rating of “Buy” and a consensus price target of €7.21 ($8.29).

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Iberdrola SA Company Profile

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. The Company’s Network business segment includes all the energy transmission and distribution activities, and any other regulated activity originated in Spain, the United Kingdom, the United States and Brazil.

Analyst Recommendations for Iberdrola SA (MCE:IBE)

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