Iberdrola (BME:IBE) has been given a €13.40 ($15.76) price target by analysts at UBS Group in a research report issued on Thursday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock.
Several other research analysts have also recently weighed in on the company. JPMorgan Chase & Co. set a €11.40 ($13.41) target price on Iberdrola and gave the stock a “neutral” rating in a report on Tuesday, April 6th. Royal Bank of Canada set a €11.00 ($12.94) target price on Iberdrola and gave the stock a “neutral” rating in a report on Wednesday, February 24th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Iberdrola in a research report on Tuesday, May 4th. The Goldman Sachs Group set a €14.00 ($16.47) price target on shares of Iberdrola and gave the company a “buy” rating in a research report on Wednesday. Finally, Morgan Stanley set a €14.00 ($16.47) price target on shares of Iberdrola and gave the company a “buy” rating in a research report on Thursday, May 6th. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Iberdrola has an average rating of “Buy” and a consensus target price of €12.52 ($14.73).
Iberdrola has a twelve month low of €5.87 ($6.91) and a twelve month high of €7.30 ($8.59).
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