Iberdrola SA (MCE:IBE) received a €7.25 ($8.53) price objective from investment analysts at Societe Generale in a research note issued to investors on Thursday. The brokerage currently has a “neutral” rating on the stock.

Several other research analysts also recently commented on the company. Morgan Stanley set a €8.00 ($9.41) price objective on Iberdrola SA and gave the stock a “buy” rating in a report on Tuesday, July 18th. Deutsche Bank AG set a €7.80 ($9.18) price objective on Iberdrola SA and gave the stock a “buy” rating in a report on Wednesday, July 12th. Goldman Sachs Group, Inc. (The) set a €7.45 ($8.76) price objective on Iberdrola SA and gave the stock a “buy” rating in a report on Thursday, July 6th. Royal Bank Of Canada set a €7.25 ($8.53) price objective on Iberdrola SA and gave the stock a “neutral” rating in a report on Tuesday, September 5th. Finally, S&P Global set a €7.30 ($8.59) price objective on Iberdrola SA and gave the stock a “neutral” rating in a report on Friday, July 21st. Ten investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of €7.20 ($8.47).

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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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