Iberdrola SA (MCE:IBE)‘s stock had its “buy” rating reissued by analysts at J P Morgan Chase & Co in a research report issued to clients and investors on Friday.

Several other equities analysts also recently issued reports on IBE. Societe Generale set a €6.85 ($7.87) price objective on shares of Iberdrola SA and gave the company a “neutral” rating in a report on Friday. S&P Global set a €7.30 ($8.39) price objective on shares of Iberdrola SA and gave the company a “neutral” rating in a report on Friday. UBS AG set a €6.40 ($7.36) price objective on shares of Iberdrola SA and gave the company a “neutral” rating in a report on Thursday. 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 report on Thursday. Finally, Deutsche Bank AG set a €7.80 ($8.97) price objective on shares of Iberdrola SA and gave the company a “buy” rating in a report on Wednesday, July 12th. Eight research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Iberdrola SA has a consensus rating of “Hold” and an average target price of €7.18 ($8.25).

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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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