Iberdrola SA (MCE:IBE) has been given a €6.40 ($7.36) price objective by investment analysts at UBS AG in a research note issued to investors on Thursday, www.boersen-zeitung.de reports. The brokerage presently has a “neutral” rating on the stock.

Several other research analysts have also weighed in on the stock. Goldman Sachs Group, Inc. (The) set a €7.80 ($8.97) price objective on shares of Iberdrola SA and gave the company a “neutral” rating in a research note on Thursday. Morgan Stanley set a €8.00 ($9.20) price target on shares of Iberdrola SA and gave the stock a “buy” rating in a research note on Tuesday. J P Morgan Chase & Co set a €7.00 ($8.05) price target on shares of Iberdrola SA and gave the stock a “buy” rating in a research note on Wednesday, July 12th. Deutsche Bank AG set a €7.80 ($8.97) price target on shares of Iberdrola SA and gave the stock a “buy” rating in a research note on Wednesday, July 12th. Finally, Macquarie set a €6.70 ($7.70) price target on shares of Iberdrola SA and gave the stock a “neutral” rating in a research note on Monday, June 19th. Seven analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company has an average rating of “Buy” and an average price target of €7.12 ($8.18).

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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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