UBS Group Reiterates “€8.80” Price Target for Iberdrola (BME:IBE)

UBS Group set a €8.80 ($10.23) target price on Iberdrola (BME:IBE) in a research report released on Tuesday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

IBE has been the topic of a number of other research reports. HSBC set a €9.50 ($11.05) price objective on Iberdrola and gave the stock a buy rating in a report on Wednesday, August 7th. Goldman Sachs Group set a €9.90 ($11.51) price objective on Iberdrola and gave the stock a buy rating in a report on Monday, August 5th. Royal Bank of Canada set a €8.50 ($9.88) price objective on Iberdrola and gave the stock a buy rating in a report on Wednesday, July 24th. Credit Suisse Group set a €8.80 ($10.23) price objective on Iberdrola and gave the stock a neutral rating in a report on Thursday, July 11th. Finally, Deutsche Bank set a €9.30 ($10.81) price objective on Iberdrola and gave the stock a buy rating in a report on Tuesday, July 23rd. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The stock has an average rating of Buy and a consensus target price of €8.88 ($10.32).

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

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Analyst Recommendations for Iberdrola (BME:IBE)

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