Goldman Sachs Group, Inc. (The) set a €7.10 ($8.45) target price on Iberdrola SA (MCE:IBE) in a report issued on Thursday morning. The firm currently has a neutral rating on the stock.

IBE has been the topic of several other research reports. Barclays PLC set a €7.35 ($8.75) price objective on Iberdrola SA and gave the stock a neutral rating in a research report on Monday, June 12th. Macquarie set a €6.70 ($7.98) price objective on Iberdrola SA and gave the stock a neutral rating in a research report on Monday, June 19th. Deutsche Bank AG set a €7.30 ($8.69) target price on Iberdrola SA and gave the stock a buy rating in a report on Friday, June 9th. Morgan Stanley set a €8.00 ($9.52) target price on Iberdrola SA and gave the stock a buy rating in a report on Tuesday, July 18th. Finally, Societe Generale set a €6.85 ($8.15) target price on Iberdrola SA and gave the stock a neutral rating in a report on Friday, July 21st. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average target price of €7.17 ($8.54).

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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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