Iberdrola S.A. (OTCMKTS:IBDRY) Receives Average Recommendation of “Hold” from Analysts

Shares of Iberdrola S.A. (OTCMKTS:IBDRY) have been given an average recommendation of “Hold” by the nine research firms that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company.

A number of research analysts recently issued reports on the company. Citigroup raised Iberdrola to a “hold” rating in a report on Friday, June 26th. The Goldman Sachs Group upgraded shares of Iberdrola from a “hold” rating to a “buy” rating in a research report on Thursday. Kepler Capital Markets lowered shares of Iberdrola from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 1st. Deutsche Bank Aktiengesellschaft upgraded shares of Iberdrola to a “buy” rating in a research report on Tuesday, September 29th. Finally, Erste Group Bank raised shares of Iberdrola from a “hold” rating to a “buy” rating in a research note on Thursday, June 25th.

Iberdrola Trading Up 0.7%

IBDRY stock opened at $94.36 on Friday. The business has a fifty day moving average price of $93.55 and a 200 day moving average price of $93.67. Iberdrola has a fifty-two week low of $75.51 and a fifty-two week high of $100.64. The stock has a market capitalization of $157.42 billion, a price-to-earnings ratio of 19.99, a P/E/G ratio of 1.63 and a beta of 0.55. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.75 and a quick ratio of 0.63.

Iberdrola (OTCMKTS:IBDRY) last issued its quarterly earnings data on Wednesday, July 22nd. The utilities provider reported $1.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.16 by ($0.02). The business had revenue of $11.93 billion during the quarter, compared to the consensus estimate of $12.08 billion. Iberdrola had a net margin of 15.59% and a return on equity of 9.88%. Analysts expect that Iberdrola will post 4.68 EPS for the current fiscal year.

Iberdrola Company Profile

Iberdrola, SA is a Spanish energy company engaged in the generation, transmission, distribution and sale of electricity. Its activities include renewable power generation, particularly wind, solar and hydropower, as well as electricity networks and customer energy services. The company also develops and operates energy storage and other infrastructure supporting the transition to lower-carbon energy systems.

Headquartered in Bilbao, Spain, Iberdrola serves residential, commercial and industrial customers through operations in Spain, the United Kingdom, the United States, Brazil and other international markets.