Iberdrola SA (MCE:IBE) has been given a €7.00 ($7.53) price target by analysts at Citigroup Inc. in a report issued on Wednesday. The firm currently has a a “buy” rating on the stock.

Other analysts have also issued research reports about the stock. Goldman Sachs Group Inc. set a €7.25 ($7.80) price target on shares of Iberdrola SA and gave the stock a “buy” rating in a research note on Thursday, October 27th. JPMorgan Chase & Co. set a €6.95 ($7.47) target price on shares of Iberdrola SA and gave the company a “buy” rating in a research note on Thursday, October 27th. BNP Paribas set a €7.20 ($7.74) target price on shares of Iberdrola SA and gave the company a “buy” rating in a research note on Wednesday, September 28th. Morgan Stanley set a €7.10 ($7.63) target price on shares of Iberdrola SA and gave the company a “buy” rating in a research note on Wednesday, September 7th. Finally, Deutsche Bank AG set a €6.90 ($7.42) target price on shares of Iberdrola SA and gave the company a “buy” rating in a research note on Thursday, October 27th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of €6.92 ($7.44).

Analyst Recommendations for Iberdrola SA (MCE:IBE)

About Iberdrola SA

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.

Receive News & Stock Ratings for Iberdrola SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iberdrola SA and related stocks with our FREE daily email newsletter.