Goldman Sachs Group Reiterates “€11.00” Price Target for Iberdrola (BME:IBE)

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Goldman Sachs Group set a €11.00 ($12.36) target price on Iberdrola (BME:IBE) in a research report released on Tuesday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.

IBE has been the topic of a number of other research reports. Berenberg Bank set a €9.00 ($10.11) target price on shares of Iberdrola and gave the company a neutral rating in a research note on Thursday, May 28th. Barclays set a €11.30 ($12.70) target price on shares of Iberdrola and gave the company a buy rating in a research note on Friday, June 5th. HSBC set a €11.30 ($12.70) target price on shares of Iberdrola and gave the company a buy rating in a research note on Monday, May 4th. Credit Suisse Group set a €9.70 ($10.90) target price on shares of Iberdrola and gave the company a neutral rating in a research note on Monday, May 4th. Finally, Royal Bank of Canada set a €10.50 ($11.80) target price on shares of Iberdrola and gave the company a neutral rating in a research note on Tuesday, June 23rd. Six research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus price target of €10.16 ($11.41).

Iberdrola has a 12 month low of €5.87 ($6.60) and a 12 month high of €7.30 ($8.20).

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Analyst Recommendations for Iberdrola (BME:IBE)

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