Iberdrola SA (MCE:IBE) has been given a €7.30 ($8.39) target price by equities research analysts at S&P Global in a note issued to investors on Friday. The brokerage presently has a “neutral” rating on the stock.

A number of other research analysts have also recently commented on IBE. UBS AG set a €6.40 ($7.36) price target on shares of Iberdrola SA and gave the company a “neutral” rating in a research report on Thursday. J P Morgan Chase & Co set a €7.00 ($8.05) price target on shares of Iberdrola SA and gave the company a “buy” rating in a research report on Wednesday, July 12th. Goldman Sachs Group, Inc. (The) set a €7.80 ($8.97) price target on shares of Iberdrola SA and gave the company a “neutral” rating in a research report on Thursday. Deutsche Bank AG set a €7.80 ($8.97) price target on shares of Iberdrola SA and gave the company a “buy” rating in a research report on Wednesday, July 12th. Finally, Morgan Stanley set a €8.00 ($9.20) price target on shares of Iberdrola SA and gave the company a “buy” rating in a research report on Tuesday. Seven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Iberdrola SA presently has an average rating of “Buy” and a consensus target price of €7.21 ($8.29).

WARNING: This piece of content was originally published by American Banking News and is the property of of American Banking News. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of US & international trademark & copyright legislation. The original version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/07/22/s7-30-price-target-for-iberdrola-sa-ibe.html.

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)

Receive News & Ratings for Iberdrola SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iberdrola SA and related companies with MarketBeat.com's FREE daily email newsletter.