Iberdrola SA (MCE:IBE) received a €6.40 ($7.62) target price from stock analysts at UBS AG in a research report issued on Friday, www.boersen-zeitung.de reports. The brokerage currently has a “neutral” rating on the stock.

Other analysts also recently issued research reports about the company. Barclays PLC set a €7.35 ($8.75) target price on Iberdrola SA and gave the company a “neutral” rating in a research note on Monday, June 12th. Goldman Sachs Group, Inc. (The) set a €7.45 ($8.87) target price on Iberdrola SA and gave the company a “buy” rating in a research note on Thursday, May 25th. Macquarie set a €6.70 ($7.98) target price on 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) target price on Iberdrola SA and gave the company a “buy” rating in a research note on Friday, June 9th. Finally, Morgan Stanley set a €8.00 ($9.52) target price on Iberdrola SA and gave the company a “buy” rating in a research note on Tuesday, July 18th. Eight investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of €7.22 ($8.60).

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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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