Iberdrola SA (IBE) Given a €7.25 Price Target by Goldman Sachs Group Inc. Analysts
Iberdrola SA (MCE:IBE) has been assigned a €7.25 ($7.63) target price by equities research analysts at Goldman Sachs Group Inc. in a report issued on Tuesday. The firm currently has a “buy” rating on the stock.
Several other equities research analysts have also recently weighed in on the stock. Citigroup Inc. set a €7.00 ($7.37) price target on shares of Iberdrola SA and gave the stock a “buy” rating in a research report on Wednesday, November 16th. BNP Paribas set a €7.20 ($7.58) target price on shares of Iberdrola SA and gave the company a “buy” rating in a research report on Wednesday, September 28th. Morgan Stanley set a €7.10 ($7.47) target price on shares of Iberdrola SA and gave the company a “buy” rating in a research report on Wednesday, September 7th. HSBC set a €7.00 ($7.37) target price on shares of Iberdrola SA and gave the company a “buy” rating in a research report on Thursday, October 27th. Finally, Societe Generale set a €6.80 ($7.16) target price on shares of Iberdrola SA and gave the company a “buy” rating in a research report on Tuesday, October 11th. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of €6.92 ($7.28).
WARNING: This news story was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this news story on another website, it was illegally copied and republished in violation of US and international trademark and copyright legislation. The correct version of this news story can be accessed at https://www.thecerbatgem.com/2016/11/29/iberdrola-sa-ibe-given-a-7-25-price-target-by-goldman-sachs-group-inc-analysts.html.
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.
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.