Iberdrola S.A. (OTCMKTS:IBDRY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Iberdrola S.A. (OTCMKTS:IBDRY) have received an average rating of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of analysts have recently commented on IBDRY shares. Oddo Bhf upgraded Iberdrola from a “neutral” rating to an “outperform” rating in a research report on Thursday, September 18th. Erste Group Bank upgraded shares of Iberdrola from a “hold” rating to a “strong-buy” rating in a research report on Monday. Zacks Research lowered shares of Iberdrola from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 23rd. Royal Bank Of Canada reissued a “sector perform” rating on shares of Iberdrola in a report on Monday, September 29th. Finally, DZ Bank cut Iberdrola from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 28th.

Iberdrola Stock Performance

Shares of IBDRY opened at $82.48 on Wednesday. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.65 and a current ratio of 0.75. The stock has a 50-day moving average of $77.14 and a two-hundred day moving average of $74.77. The stock has a market cap of $137.77 billion, a P/E ratio of 22.85, a P/E/G ratio of 2.50 and a beta of 0.78. Iberdrola has a one year low of $53.37 and a one year high of $82.78.

Iberdrola (OTCMKTS:IBDRY) last released its quarterly earnings data on Tuesday, October 28th. The utilities provider reported $1.18 EPS for the quarter, beating the consensus estimate of $1.02 by $0.16. Iberdrola had a net margin of 12.10% and a return on equity of 9.22%. The business had revenue of $12.94 billion for the quarter, compared to the consensus estimate of $13.56 billion. As a group, research analysts predict that Iberdrola will post 3.57 EPS for the current year.

Iberdrola Company Profile

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.