Iberdrola (BME:IBE) Given a €10.50 Price Target by Goldman Sachs Group Analysts

Goldman Sachs Group set a €10.50 ($12.21) price objective on Iberdrola (BME:IBE) in a report released on Monday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

A number of other brokerages have also commented on IBE. HSBC set a €9.50 ($11.05) price objective on shares of Iberdrola and gave the stock a neutral rating in a report on Thursday, November 7th. Royal Bank of Canada set a €9.80 ($11.40) price objective on shares of Iberdrola and gave the stock a neutral rating in a report on Wednesday, October 30th. UBS Group set a €8.80 ($10.23) price objective on shares of Iberdrola and gave the stock a neutral rating in a report on Wednesday, October 30th. Barclays set a €8.80 ($10.23) price objective on shares of Iberdrola and gave the stock a neutral rating in a report on Friday, September 27th. Finally, Sanford C. Bernstein set a €10.00 ($11.63) price objective on shares of Iberdrola and gave the stock a buy rating in a report on Tuesday, September 10th. Eight equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has an average rating of Hold and an average price target of €9.25 ($10.75).

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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