Iberdrola SA (IBE) Given a €7.80 Price Target at Deutsche Bank AG

Deutsche Bank AG set a €7.80 ($9.18) target price on Iberdrola SA (MCE:IBE) in a report published on Monday morning. The firm currently has a buy rating on the stock.

Other research analysts have also issued research reports about the company. Morgan Stanley set a €8.00 ($9.41) price objective on Iberdrola SA and gave the stock a buy rating in a report on Tuesday, July 18th. UBS AG set a €6.40 ($7.53) price objective on Iberdrola SA and gave the stock a neutral rating in a report on Thursday, July 20th. Goldman Sachs Group, Inc. (The) set a €7.80 ($9.18) price objective on Iberdrola SA and gave the stock a neutral rating in a report on Friday, September 8th. J P Morgan Chase & Co set a €7.00 ($8.24) target price on Iberdrola SA and gave the company a buy rating in a report on Wednesday, July 12th. Finally, Royal Bank Of Canada set a €7.25 ($8.53) target price on Iberdrola SA and gave the company a neutral rating in a report on Tuesday, September 5th. Ten research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of €7.17 ($8.44).

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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.

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