Iberdrola SA (BME:IBE) has received an average rating of “Buy” from the fifteen research firms that are presently covering the company, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is €7.15 ($8.31).

Several brokerages have recently issued reports on IBE. UBS Group set a €6.40 ($7.44) target price on shares of Iberdrola and gave the company a “neutral” rating in a research report on Friday, November 30th. Goldman Sachs Group set a €7.40 ($8.60) target price on shares of Iberdrola and gave the company a “neutral” rating in a research report on Friday, November 30th. Royal Bank of Canada set a €7.50 ($8.72) target price on shares of Iberdrola and gave the company a “buy” rating in a research report on Monday, November 26th. Credit Suisse Group set a €7.40 ($8.60) target price on shares of Iberdrola and gave the company a “buy” rating in a research report on Thursday, October 25th. Finally, Deutsche Bank set a €7.20 ($8.37) target price on shares of Iberdrola and gave the company a “buy” rating in a research report on Tuesday, October 16th.

Iberdrola has a one year low of €5.87 ($6.83) and a one year high of €7.30 ($8.49).

Iberdrola Company Profile

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Analyst Recommendations for Iberdrola (BME:IBE)

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