Iberdrola SA (IBE) PT Set at €6.80 by Societe Generale
Iberdrola SA (MCE:IBE) has been given a €6.80 ($7.56) price target by stock analysts at Societe Generale in a note issued to investors on Tuesday. The brokerage presently has a a “buy” rating on the stock.
Other equities analysts have also issued reports about the stock. HSBC set a €6.70 ($7.44) price target on shares of Iberdrola SA and gave the stock a “buy” rating in a research report on Tuesday, July 12th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Iberdrola SA in a report on Thursday, July 21st. Royal Bank Of Canada set a €7.25 ($8.06) target price on shares of Iberdrola SA and gave the stock a “buy” rating in a report on Thursday, June 30th. Deutsche Bank AG set a €6.50 ($7.22) target price on shares of Iberdrola SA and gave the stock a “buy” rating in a report on Monday, June 27th. Finally, BNP Paribas set a €7.20 ($8.00) target price on shares of Iberdrola SA and gave the stock a “buy” rating in a report on Wednesday, September 28th. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of €6.82 ($7.58).
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. Its Network business includes a range of energy transmission and distribution activities, and other regulated activity originated in Spain, the United Kingdom, the United States and Brazil.
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