Iberdrola S.A. (OTCMKTS:IBDRY) Receives Average Recommendation of “Hold” from Brokerages

Shares of Iberdrola S.A. (OTCMKTS:IBDRY) have earned an average rating of “Hold” from the seven brokerages that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the company.

Several analysts have issued reports on the stock. DZ Bank cut shares of Iberdrola from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 28th. Erste Group Bank raised shares of Iberdrola from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 10th. Finally, Jefferies Financial Group lowered shares of Iberdrola from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 11th.

Iberdrola Stock Performance

Shares of IBDRY opened at $93.33 on Friday. Iberdrola has a 52-week low of $55.93 and a 52-week high of $95.83. The stock’s 50-day simple moving average is $88.67 and its 200 day simple moving average is $82.00. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.72 and a current ratio of 0.81. The stock has a market capitalization of $155.89 billion, a price-to-earnings ratio of 25.85, a price-to-earnings-growth ratio of 2.29 and a beta of 0.71.

Iberdrola Company Profile

Iberdrola, SA is a Spanish multinational electric utility headquartered in Bilbao that develops, produces and supplies electricity and related energy services. The company’s core activities span electricity generation across a diverse mix of assets, transmission and distribution network ownership and operation, and retail supply to residential, commercial and industrial customers. Iberdrola also offers energy management and digital solutions aimed at improving efficiency and integrating distributed and renewable resources.

Renewable energy is a central focus of Iberdrola’s business strategy, with significant investments in wind (onshore and offshore), hydroelectric and solar power and in the modernization of grids to accommodate increasing shares of intermittent generation.