Iberdrola SA (IBE) Given a €7.80 Price Target by Deutsche Bank AG Analysts
Iberdrola SA (MCE:IBE) received a €7.80 ($9.18) price target from equities researchers at Deutsche Bank AG in a research report issued on Wednesday. The brokerage presently has a “buy” rating on the stock.
IBE has been the subject of a number of other research reports. Goldman Sachs Group, Inc. (The) set a €7.10 ($8.35) price target on Iberdrola SA and gave the stock a “neutral” rating in a research report on Tuesday, October 3rd. Macquarie set a €6.70 ($7.88) price target on Iberdrola SA and gave the stock a “neutral” rating in a research report on Monday, June 19th. Societe Generale set a €6.85 ($8.06) price target on Iberdrola SA and gave the stock a “neutral” rating in a research report on Friday, July 21st. Morgan Stanley set a €8.00 ($9.41) price target on Iberdrola SA and gave the stock a “buy” rating in a research report on Tuesday, July 18th. Finally, UBS AG set a €6.40 ($7.53) price objective on Iberdrola SA and gave the company a “neutral” rating in a report on Friday, September 8th. Ten research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus 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.
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