Shares of Iberdrola, S.A. (OTCMKTS:IBDRY – Get Rating) have received a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $13.15.
Separately, Barclays increased their target price on shares of Iberdrola from €14.00 ($14.29) to €14.10 ($14.39) in a report on Tuesday.
Iberdrola Trading Up 0.3 %
IBDRY opened at $40.93 on Tuesday. Iberdrola has a twelve month low of $38.28 and a twelve month high of $49.17. The company has a 50-day simple moving average of $42.48 and a 200 day simple moving average of $43.63. The company has a quick ratio of 0.82, a current ratio of 0.92 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $65.10 billion, a price-to-earnings ratio of 16.28, a P/E/G ratio of 1.85 and a beta of 0.60.
Iberdrola Increases Dividend
The business also recently announced a dividend, which was paid on Friday, August 12th. Stockholders of record on Monday, July 11th were issued a $0.8805 dividend. The ex-dividend date was Friday, July 8th. This represents a dividend yield of 5.32%. This is a boost from Iberdrola’s previous dividend of $0.02.
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.
- Get a free copy of the StockNews.com research report on Iberdrola (IBDRY)
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