Iberdrola (BME:IBE) PT Set at €10.50 by Goldman Sachs Group

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

A number of other research firms have also recently issued reports on IBE. JPMorgan Chase & Co. set a €9.40 ($10.93) price objective on shares of Iberdrola and gave the stock a neutral rating in a research report on Monday, October 21st. UBS Group set a €8.80 ($10.23) price objective on shares of Iberdrola and gave the stock a neutral rating in a research report on Wednesday, October 30th. HSBC set a €9.50 ($11.05) price objective on shares of Iberdrola and gave the stock a neutral rating in a research report on Thursday, November 7th. Sanford C. Bernstein set a €10.00 ($11.63) price objective on shares of Iberdrola and gave the stock a buy rating in a research report on Tuesday, September 10th. Finally, Barclays set a €8.80 ($10.23) price objective on shares of Iberdrola and gave the stock a neutral rating in a research report on Friday, September 27th. Eight research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Iberdrola presently has a consensus rating of Hold and a consensus target price 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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