Iberdrola (OTCMKTS:IBDRY) Rating Reiterated by Barclays

Iberdrola (OTCMKTS:IBDRY)‘s stock had its “overweight” rating reaffirmed by equities researchers at Barclays in a research report issued on Thursday, The Fly reports.

Other research analysts also recently issued research reports about the stock. Morgan Stanley upgraded shares of Iberdrola from an “equal weight” rating to an “overweight” rating in a research note on Thursday, May 6th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Iberdrola in a research note on Tuesday, April 6th. Zacks Investment Research cut Iberdrola from a “hold” rating to a “sell” rating in a research note on Tuesday, May 4th. HSBC cut Iberdrola from a “buy” rating to a “hold” rating in a research report on Tuesday, March 30th. Finally, UBS Group reissued a “buy” rating on shares of Iberdrola in a research report on Monday, April 19th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the stock. Iberdrola currently has a consensus rating of “Hold”.

Iberdrola stock opened at $55.19 on Thursday. The company has a quick ratio of 0.57, a current ratio of 0.70 and a debt-to-equity ratio of 0.72. Iberdrola has a 52-week low of $36.65 and a 52-week high of $61.52. The firm has a market cap of $87.61 billion, a PE ratio of 22.08 and a beta of 0.44. The company’s 50 day moving average is $54.49 and its two-hundred day moving average is $54.05.

Iberdrola (OTCMKTS:IBDRY) last posted its quarterly earnings data on Wednesday, February 24th. The utilities provider reported $0.67 earnings per share for the quarter. The business had revenue of $10.61 billion for the quarter. Iberdrola had a return on equity of 7.63% and a net margin of 10.44%.

Iberdrola Company Profile

Iberdrola, SA engages in the generation, transmission, distribution, and supply of electricity in Spain and internationally. It generates and markets electrical power using renewable sources, such as onshore and offshore wind, hydro, solar photovoltaic, combined cycle gas, nuclear, and biomass, as well as through installation of batteries.

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Analyst Recommendations for Iberdrola (OTCMKTS:IBDRY)

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