Iberdrola SA Receives Average Recommendation of “Hold” from Analysts (NASDAQ:IBDRY)
Iberdrola SA (NASDAQ:IBDRY) has received an average rating of “Hold” from the seven ratings firms that are presently covering the company, Stock Ratings Network reports. Two analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating on the company.
Separately, analysts at Credit Suisse upgraded shares of Iberdrola SA from a “neutral” rating to an “outperform” rating in a research note on Thursday.
Iberdrola SA (NASDAQ:IBDRY) opened at 29.07 on Thursday. Iberdrola SA has a 52-week low of $19.91 and a 52-week high of $30.80. The stock has a 50-day moving average of $29.47 and a 200-day moving average of $27.26. The company has a market cap of $46.319 billion and a P/E ratio of 12.68.
Iberdrola SA is a Spain-based holding company principally engaged in the energy sector. Its main activities include providing services related to the production, transmission and distribution of electric power or electricity-by products and their applications, computer and telecommunications services, services related to the treatment and distribution of water, as well as urban and gas retailing services.
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