The Iberdrola SA (IBE) Given a €6.80 Price Target by Societe Generale Analysts

The Iberdrola SA (IBE) Given a €6.80 Price Target by Societe Generale Analysts

Iberdrola SA (MCE:IBE) has been given a €6.80 ($7.56) price objective by investment analysts at Societe Generale in a research note issued on Tuesday. The brokerage presently has a a “buy” rating on the stock.

A number of other research firms have also weighed in on IBE. BNP Paribas set a €7.20 ($8.00) target price on Iberdrola SA and gave the company a “buy” rating in a report on Wednesday, September 28th. Morgan Stanley set a €7.10 ($7.89) target price on Iberdrola SA and gave the company a “buy” rating in a report on Wednesday, September 7th. Goldman Sachs Group Inc. set a €7.20 ($8.00) target price on Iberdrola SA and gave the company a “buy” rating in a report on Wednesday, September 7th. Credit Suisse Group AG set a €6.90 ($7.67) target price on Iberdrola SA and gave the company a “buy” rating in a report on Thursday, July 21st. Finally, Independent Research GmbH set a €6.70 ($7.44) target price on Iberdrola SA and gave the company a “neutral” rating in a report on Thursday, July 21st. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Iberdrola SA currently has a consensus rating of “Buy” and an average target price of €6.82 ($7.58).

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