Berenberg Bank Reiterates Hold Rating for Iberdrola SA (IBDRY)
Iberdrola SA (NASDAQ:IBDRY)‘s stock had its “hold” rating restated by Berenberg Bank in a report issued on Friday, MarketBeat reports.
A number of other research analysts have also weighed in on IBDRY. Natixis restated a “neutral” rating on shares of Iberdrola SA in a report on Thursday, June 8th. Goldman Sachs Group, Inc. (The) downgraded Iberdrola SA from a “buy” rating to a “neutral” rating in a research note on Thursday, July 6th.
Shares of Iberdrola SA (NASDAQ IBDRY) opened at 32.275 on Friday. The company has a market cap of $50.33 billion and a PE ratio of 15.637. The stock’s 50 day moving average is $31.66 and its 200 day moving average is $29.07. Iberdrola SA has a 52-week low of $23.38 and a 52-week high of $32.83.
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.
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