Credit Suisse Group set a €8.80 ($10.23) target price on Iberdrola (BME:IBE) in a report released on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other equities research analysts have also commented on IBE. Sanford C. Bernstein upgraded shares of Walmart from a market perform rating to an outperform rating and set a $101.80 price objective for the company in a research note on Thursday, May 2nd. Royal Bank of Canada reiterated a sell rating and issued a $7.50 price objective on shares of Deutsche Bank in a research note on Thursday, April 25th. Deutsche Bank set a $137.00 price objective on shares of Verisk Analytics and gave the company a hold rating in a research note on Tuesday, April 23rd. Goldman Sachs Group initiated coverage on shares of Colfax in a research note on Friday, April 5th. They issued a buy rating and a $34.00 price objective for the company. Finally, Berenberg Bank reiterated a buy rating and issued a GBX 220 ($2.87) price objective on shares of Barclays in a research note on Monday, April 29th. Seven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus price target of €7.91 ($9.19).

Iberdrola has a one year low of €5.87 ($6.83) and a one year high of €7.30 ($8.49).

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Analyst Recommendations for Iberdrola (BME:IBE)

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