J P Morgan Chase & Co set a €7.00 ($8.24) target price on Iberdrola SA (MCE:IBE) in a research note published on Tuesday morning. The firm currently has a neutral rating on the stock.

IBE has been the subject of several other research reports. Barclays PLC set a €7.35 ($8.65) price target on shares of Iberdrola SA and gave the stock a neutral rating in a research report on Monday, June 12th. Goldman Sachs Group, Inc. (The) set a €7.10 ($8.35) price target on shares of Iberdrola SA and gave the stock a neutral rating in a research report on Thursday, September 14th. Macquarie set a €6.70 ($7.88) price target on shares of Iberdrola SA and gave the stock a neutral rating in a research report on Monday, June 19th. Morgan Stanley set a €8.00 ($9.41) price target on shares of Iberdrola SA and gave the stock a buy rating in a research report on Tuesday, July 18th. Finally, Deutsche Bank AG set a €7.30 ($8.59) price target on shares of Iberdrola SA and gave the stock a buy rating in a research report on Friday, June 9th. Ten research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of €7.17 ($8.44).

TRADEMARK VIOLATION NOTICE: “Iberdrola SA (IBE) PT Set at €7.00 by J P Morgan Chase & Co” was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this article on another publication, it was illegally stolen and republished in violation of United States and international copyright and trademark legislation. The correct version of this article can be read at https://www.thecerbatgem.com/2017/10/07/iberdrola-sa-ibe-pt-set-at-7-00-by-j-p-morgan-chase-co.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. 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)

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.