Iberdrola SA (MCE:IBE) received a €7.80 ($9.29) target price from Goldman Sachs Group, Inc. (The) in a report released on Friday. The brokerage currently has a “neutral” rating on the stock.

IBE has been the subject of a number of other research reports. Barclays PLC set a €7.35 ($8.75) target price on shares of Iberdrola SA and gave the company a “neutral” rating in a research report on Monday, June 12th. Macquarie set a €6.70 ($7.98) price target on shares of Iberdrola SA and gave the company a “neutral” rating in a research note on Monday, June 19th. Deutsche Bank AG set a €7.30 ($8.69) price target on shares of Iberdrola SA and gave the company a “buy” rating in a research note on Friday, June 9th. Morgan Stanley set a €8.00 ($9.52) price target on shares of Iberdrola SA and gave the company a “buy” rating in a research note on Tuesday, July 18th. Finally, Societe Generale set a €6.85 ($8.15) price target on shares of Iberdrola SA and gave the company a “neutral” rating in a research note on Friday, July 21st. Eight equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of €7.22 ($8.60).

COPYRIGHT VIOLATION WARNING: “Iberdrola SA (IBE) Given a €7.80 Price Target by Goldman Sachs Group, Inc. (The) Analysts” was originally published by American Banking News and is the sole property of of American Banking News. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of U.S. and international trademark and copyright law. The original version of this news story can be read at https://www.americanbankingnews.com/2017/09/08/iberdrola-sa-ibe-given-a-7-80-price-target-by-goldman-sachs-group-inc-the-analysts.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.