Barclays set a €14.00 ($16.47) price objective on Iberdrola (BME:IBE) in a research note released on Wednesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

Other analysts have also issued reports about the company. Morgan Stanley set a €11.30 ($13.29) target price on Iberdrola and gave the company a neutral rating in a research note on Tuesday, September 15th. Credit Suisse Group set a €11.20 ($13.18) target price on Iberdrola and gave the company a neutral rating in a research note on Friday, November 20th. The Goldman Sachs Group set a €14.50 ($17.06) price objective on Iberdrola and gave the company a buy rating in a research note on Monday. JPMorgan Chase & Co. set a €11.00 ($12.94) price objective on Iberdrola and gave the company a neutral rating in a research note on Monday. Finally, Sanford C. Bernstein set a €13.00 ($15.29) price objective on Iberdrola and gave the company a buy rating in a research note on Wednesday, December 2nd. Five research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of €11.73 ($13.79).

Iberdrola has a one year low of €5.87 ($6.91) and a one year high of €7.30 ($8.59).

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Analyst Recommendations for Iberdrola (BME:IBE)

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