Iberdrola S.A. (OTCMKTS:IBDRY) Given Average Rating of “Moderate Buy” by Brokerages

Iberdrola S.A. (OTCMKTS:IBDRY) has been given a consensus recommendation of “Moderate Buy” by the six research firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, two have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company.

Several equities research analysts have commented on the stock. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Iberdrola in a research note on Monday, September 29th. Erste Group Bank raised shares of Iberdrola from a “hold” rating to a “strong-buy” rating in a report on Monday, November 10th. DZ Bank cut shares of Iberdrola from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 28th. Oddo Bhf raised Iberdrola from a “neutral” rating to an “outperform” rating in a research note on Thursday, September 18th. Finally, Zacks Research cut Iberdrola from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 23rd.

Iberdrola Price Performance

Shares of IBDRY opened at $83.80 on Friday. The stock has a market cap of $139.97 billion, a P/E ratio of 23.21, a price-to-earnings-growth ratio of 2.30 and a beta of 0.72. Iberdrola has a 1 year low of $53.37 and a 1 year high of $85.03. The stock’s 50-day moving average price is $80.67 and its two-hundred day moving average price is $76.36. The company has a current ratio of 0.81, a quick ratio of 0.65 and a debt-to-equity ratio of 0.76.

Iberdrola (OTCMKTS:IBDRY) last announced its quarterly earnings results on Tuesday, October 28th. The utilities provider reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.16. Iberdrola had a return on equity of 8.99% and a net margin of 12.10%.The company had revenue of $12.94 billion during the quarter, compared to analysts’ expectations of $13.56 billion. On average, equities analysts predict that Iberdrola will post 3.57 earnings per share for the current year.

About Iberdrola

Iberdrola, SA engages in the generation, transmission, distribution, and supply of electricity in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia. It generates electricity from renewable sources, such as onshore and offshore wind, hydro, photovoltaic, combined cycle gas, and conventional nuclear, as well as through batteries.