Iberdrola (BME:IBE) Given a €9.00 Price Target at UBS Group

Iberdrola (BME:IBE) received a €9.00 ($10.47) price target from equities researchers at UBS Group in a report released on Monday, Borsen Zeitung reports. The firm currently has a “neutral” rating on the stock.

Other research analysts also recently issued research reports about the company. Royal Bank of Canada set a €9.80 ($11.40) target price on Iberdrola and gave the stock a “neutral” rating in a research note on Wednesday, October 30th. Barclays set a €8.80 ($10.23) target price on Iberdrola and gave the stock a “neutral” rating in a research note on Friday, September 27th. Kepler Capital Markets set a €8.50 ($9.88) price objective on Iberdrola and gave the company a “neutral” rating in a research note on Thursday, January 9th. Sanford C. Bernstein set a €10.20 ($11.86) price objective on Iberdrola and gave the company a “buy” rating in a research note on Wednesday, January 15th. Finally, Deutsche Bank set a €9.60 ($11.16) price objective on Iberdrola and gave the company a “buy” rating in a research note on Monday, January 6th. Nine research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Iberdrola presently has a consensus rating of “Hold” and a consensus price target of €9.25 ($10.76).

Iberdrola has a 52 week low of €5.87 ($6.83) and a 52 week high of €7.30 ($8.49).

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Analyst Recommendations for Iberdrola (BME:IBE)

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