Iberdrola (IBE) PT Set at €6.80 by UBS Group

Iberdrola (BME:IBE) has been assigned a €6.80 ($7.91) price objective by stock analysts at UBS Group in a research report issued to clients and investors on Thursday, www.boersen-zeitung.de reports. The brokerage presently has a “neutral” rating on the stock.

IBE has been the subject of a number of other reports. Royal Bank of Canada set a €7.50 ($8.72) target price on Iberdrola and gave the stock a “buy” rating in a research note on Monday, November 26th. Goldman Sachs Group set a €7.40 ($8.60) target price on Iberdrola and gave the stock a “neutral” rating in a research note on Wednesday, January 9th. Sanford C. Bernstein set a €7.60 ($8.84) target price on Iberdrola and gave the stock a “buy” rating in a research note on Tuesday, December 18th. Credit Suisse Group set a €7.40 ($8.60) target price on Iberdrola and gave the stock a “buy” rating in a research note on Thursday, October 25th. Finally, Morgan Stanley set a €8.40 ($9.77) target price on Iberdrola and gave the stock a “buy” rating in a research note on Thursday, December 13th. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of €7.21 ($8.38).

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

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Analyst Recommendations for Iberdrola (BME:IBE)

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