BNP Paribas set a €7.50 ($8.93) price target on Iberdrola SA (MCE:IBE) in a research note published on Tuesday. The firm currently has a buy rating on the stock.

A number of other research analysts have also weighed in on IBE. Goldman Sachs Group, Inc. (The) set a €7.45 ($8.87) price objective on shares of Iberdrola SA and gave the company a buy rating in a research note on Thursday, May 25th. Deutsche Bank AG set a €7.30 ($8.69) price objective on shares of Iberdrola SA and gave the company a buy rating in a research note on Friday, June 9th. Barclays PLC set a €7.35 ($8.75) target price on shares of Iberdrola SA and gave the company a neutral rating in a report on Monday, June 12th. Morgan Stanley set a €7.30 ($8.69) target price on shares of Iberdrola SA and gave the company a buy rating in a report on Monday, June 12th. Finally, Citigroup Inc. set a €8.00 ($9.52) target price on shares of Iberdrola SA and gave the company a buy rating in a report on Tuesday, June 13th. Eight investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of €7.19 ($8.56).

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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. 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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