Iberdrola SA (IBE) Given a €7.50 Price Target by BNP Paribas Analysts

BNP Paribas set a €7.50 ($8.93) price objective on Iberdrola SA (MCE:IBE) in a research report released on Tuesday morning. The firm currently has a buy rating on the stock.

Several other equities research analysts have also recently commented on IBE. Goldman Sachs Group, Inc. (The) set a €7.45 ($8.87) target price on Iberdrola SA and gave the company a buy rating in a research note on Thursday, May 25th. Deutsche Bank AG set a €7.30 ($8.69) target price on Iberdrola SA and gave the company a buy rating in a research note on Friday, June 9th. Barclays PLC set a €7.35 ($8.75) target price on Iberdrola SA and gave the company a neutral rating in a research note on Monday, June 12th. Morgan Stanley set a €7.30 ($8.69) target price on Iberdrola SA and gave the company a buy rating in a research note on Monday, June 12th. Finally, Citigroup Inc. set a €8.00 ($9.52) target price on Iberdrola SA and gave the company a buy rating in a research note on Tuesday, June 13th. Eight investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock has a consensus rating of Hold and an average price target of €7.19 ($8.56).

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About Iberdrola SA

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 SA (MCE:IBE)

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