Iberdrola SA (BME:IBE) has been assigned a consensus recommendation of “Hold” from the twelve research firms that are currently covering the stock, MarketBeat reports. Nine equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is €9.22 ($10.72).

Several research firms have recently weighed in on IBE. Goldman Sachs Group set a €10.50 ($12.21) price objective on Iberdrola and gave the company a “buy” rating in a research report on Monday, November 18th. Royal Bank of Canada set a €9.80 ($11.40) price objective on Iberdrola and gave the company a “neutral” rating in a research report on Wednesday, October 30th. UBS Group set a €8.80 ($10.23) price objective on Iberdrola and gave the company a “neutral” rating in a research report on Wednesday, October 30th. HSBC set a €9.50 ($11.05) price objective on Iberdrola and gave the company a “neutral” rating in a research report on Thursday, November 7th. Finally, Barclays set a €8.80 ($10.23) price objective on Iberdrola and gave the company a “neutral” rating in a research report on Friday, September 27th.

Iberdrola has a 12-month low of €5.87 ($6.83) and a 12-month high of €7.30 ($8.49).

Iberdrola Company Profile

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Analyst Recommendations for Iberdrola (BME:IBE)

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