Deutsche Bank AG set a €7.80 ($9.18) price target on Iberdrola SA (MCE:IBE) in a report published on Wednesday, July 12th. The brokerage currently has a buy rating on the stock.

A number of other equities research analysts also recently weighed in on IBE. Morgan Stanley set a €7.30 ($8.59) price target on Iberdrola SA and gave the company a buy rating in a research report on Tuesday, March 21st. Goldman Sachs Group, Inc. (The) set a €7.20 ($8.47) price target on Iberdrola SA and gave the company a buy rating in a research report on Tuesday, April 4th. J P Morgan Chase & Co set a €7.00 ($8.24) price target on Iberdrola SA and gave the company a buy rating in a research report on Monday, April 24th. Barclays PLC set a €7.35 ($8.65) price target on Iberdrola SA and gave the company a neutral rating in a research report on Monday, June 12th. Finally, Citigroup Inc. set a €8.00 ($9.41) price target on Iberdrola SA and gave the company a buy rating in a research report on Tuesday, June 13th. Eight equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of €7.17 ($8.44).

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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. The Company’s Network business segment includes all the energy transmission and distribution activities, and any other regulated activity originated in Spain, the United Kingdom, the United States and Brazil.

Analyst Recommendations for Iberdrola SA (MCE:IBE)

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