Iberdrola, S.A. (OTCMKTS:IBDRY) Receives $12.60 Consensus Price Target from Analysts

Iberdrola, S.A. (OTCMKTS:IBDRYGet Rating) has been given an average recommendation of “Buy” by the twelve research firms that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $12.60.

IBDRY has been the subject of a number of recent research reports. Citigroup increased their target price on shares of Iberdrola from €12.10 ($13.30) to €12.60 ($13.85) and gave the company a “buy” rating in a research report on Monday, February 28th. Zacks Investment Research lowered shares of Iberdrola from a “hold” rating to a “sell” rating in a report on Tuesday, March 29th.

OTCMKTS:IBDRY opened at $46.90 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.80 and a current ratio of 0.92. The company has a fifty day moving average of $43.26 and a two-hundred day moving average of $44.47. The stock has a market capitalization of $75.48 billion, a PE ratio of 18.39 and a beta of 0.63. Iberdrola has a fifty-two week low of $38.88 and a fifty-two week high of $56.76.

Iberdrola Company Profile (Get Rating)

Iberdrola, SA engages in the generation, transmission, distribution, and supply of electricity in Spain and internationally. It generates and markets electrical power using renewable sources, such as onshore and offshore wind, hydro, solar photovoltaic, combined cycle gas, nuclear, and biomass, as well as through installation of batteries.

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Analyst Recommendations for Iberdrola (OTCMKTS:IBDRY)

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