Iberdrola (IBE) Given a €6.40 Price Target by UBS Group Analysts

UBS Group set a €6.40 ($7.44) target price on Iberdrola (BME:IBE) in a report released on Friday, www.boersen-zeitung.de reports. The firm currently has a neutral rating on the stock.

IBE has been the topic of a number of other research reports. Royal Bank of Canada set a €7.50 ($8.72) price objective on Iberdrola and gave the stock a buy rating in a report on Monday, November 26th. Societe Generale set a €7.50 ($8.72) price objective on Iberdrola and gave the stock a buy rating in a report on Monday, September 17th. BNP Paribas set a €7.20 ($8.37) price objective on Iberdrola and gave the stock a buy rating in a report on Monday, September 10th. Goldman Sachs Group set a €7.40 ($8.60) price objective on Iberdrola and gave the stock a neutral rating in a report on Friday. Finally, Deutsche Bank set a €7.20 ($8.37) price objective on Iberdrola and gave the stock a buy rating in a report on Tuesday, October 16th. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Iberdrola presently has a consensus rating of Buy and an average price target of €7.15 ($8.31).

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

See Also: Understanding Compound Annual Growth Rate (CAGR)

Analyst Recommendations for Iberdrola (BME:IBE)

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