Iberdrola (IBE) Given a €7.80 Price Target at Goldman Sachs Group

Goldman Sachs Group set a €7.80 ($9.07) target price on Iberdrola (BME:IBE) in a report released on Monday morning. The firm currently has a buy rating on the stock.

A number of other research analysts also recently issued reports on the stock. Morgan Stanley set a €8.20 ($9.53) price target on shares of Iberdrola and gave the stock a buy rating in a research note on Tuesday, May 29th. UBS Group set a €6.40 ($7.44) price target on shares of Iberdrola and gave the stock a neutral rating in a research note on Tuesday, June 5th. Deutsche Bank set a €7.50 ($8.72) price target on shares of Iberdrola and gave the stock a buy rating in a research note on Friday, June 22nd. Credit Suisse Group set a €7.50 ($8.72) price target on shares of Iberdrola and gave the stock a buy rating in a research note on Friday, July 13th. Finally, Berenberg Bank set a €6.80 ($7.91) price target on shares of Iberdrola and gave the stock a neutral rating in a research note on Wednesday, July 18th. Seven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Iberdrola presently has an average rating of Buy and a consensus price target of €7.17 ($8.34).

Shares of IBE stock opened at €6.00 ($6.98) on Monday. Iberdrola has a fifty-two week low of €5.87 ($6.83) and a fifty-two week high of €7.30 ($8.49).

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Analyst Recommendations for Iberdrola (BME:IBE)

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