Iberdrola SA (BME:IBE – Get Rating) has earned a consensus recommendation of “Buy” from the eleven analysts that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a buy rating. The average 12 month price target among brokerages that have issued a report on the stock in the last year is €12.05 ($13.09).
A number of research analysts have recently issued reports on the company. Barclays set a €14.20 ($15.43) target price on Iberdrola in a research report on Wednesday, March 9th. The Goldman Sachs Group set a €13.00 ($14.13) target price on Iberdrola in a research report on Wednesday, March 30th. JPMorgan Chase & Co. set a €11.20 ($12.17) target price on Iberdrola in a research report on Tuesday, March 8th. Jefferies Financial Group set a €11.50 ($12.50) target price on Iberdrola in a research report on Thursday, March 24th. Finally, UBS Group set a €12.20 ($13.26) price objective on Iberdrola in a report on Friday, April 8th.
Iberdrola has a 52-week low of €5.87 ($6.38) and a 52-week high of €7.30 ($7.93).
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