Iberdrola (BME:IBE) Given a €11.30 Price Target at JPMorgan Chase & Co.

Iberdrola (BME:IBEGet Rating) has been given a €11.30 ($12.15) target price by research analysts at JPMorgan Chase & Co. in a research note issued to investors on Tuesday, Borsen Zeitung reports.

Several other brokerages also recently weighed in on IBE. Jefferies Financial Group set a €11.50 ($12.37) target price on shares of Iberdrola in a report on Thursday, March 24th. Barclays set a €14.20 ($15.27) target price on shares of Iberdrola in a report on Wednesday, March 9th. UBS Group set a €12.20 ($13.12) target price on shares of Iberdrola in a report on Friday, April 8th. The Goldman Sachs Group set a €13.00 ($13.98) target price on shares of Iberdrola in a report on Wednesday, March 30th. Finally, Royal Bank of Canada set a €12.00 ($12.90) target price on shares of Iberdrola in a report on Wednesday, February 23rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of €12.05 ($12.96).

Iberdrola has a 52-week low of €5.87 ($6.31) and a 52-week high of €7.30 ($7.85).

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