Iberdrola (IBE) PT Set at €7.80 by Deutsche Bank

Iberdrola (BME:IBE) has been assigned a €7.80 ($9.29) price target by Deutsche Bank in a research note issued to investors on Wednesday. The brokerage presently has a “buy” rating on the stock. Deutsche Bank’s price target suggests a potential upside of 17.12% from the stock’s current price.

Other equities research analysts also recently issued reports about the company. BNP Paribas set a €7.50 ($8.93) price objective on Iberdrola and gave the stock a “buy” rating in a report on Tuesday, September 19th. Morgan Stanley set a €8.00 ($9.52) price objective on Iberdrola and gave the stock a “buy” rating in a report on Monday, October 16th. set a €7.30 ($8.69) price objective on Iberdrola and gave the stock a “buy” rating in a report on Thursday, November 9th. Bank of America set a €7.30 ($8.69) price objective on Iberdrola and gave the stock a “buy” rating in a report on Wednesday, November 29th. Finally, J P Morgan Chase & Co set a €7.00 ($8.33) price objective on Iberdrola and gave the stock a “neutral” rating in a report on Tuesday, November 7th. Ten analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Iberdrola currently has an average rating of “Hold” and a consensus price target of €7.19 ($8.56).

Iberdrola (BME:IBE) opened at €6.66 ($7.93) on Wednesday. Iberdrola has a twelve month low of €5.54 ($6.60) and a twelve month high of €7.30 ($8.69).

COPYRIGHT VIOLATION NOTICE: “Iberdrola (IBE) PT Set at €7.80 by Deutsche Bank” was originally published by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this news story on another site, it was illegally copied and republished in violation of US & international copyright and trademark laws. The original version of this news story can be viewed at https://sportsperspectives.com/2017/12/06/iberdrola-ibe-pt-set-at-7-80-by-deutsche-bank.html.

About Iberdrola

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.

Analyst Recommendations for Iberdrola (BME:IBE)

Receive News & Ratings for Iberdrola SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iberdrola SA and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply