Barclays Reiterates €14.20 Price Target for Iberdrola (BME:IBE)

Iberdrola (BME:IBE) has been given a €14.20 ($16.71) price target by research analysts at Barclays in a report released on Thursday, Borsen Zeitung reports.

Several other research firms have also recently weighed in on IBE. JPMorgan Chase & Co. set a €11.20 ($13.18) price target on Iberdrola in a research note on Wednesday. Deutsche Bank Aktiengesellschaft set a €11.00 ($12.94) price target on Iberdrola in a research note on Tuesday. Morgan Stanley set a €13.00 ($15.29) price target on Iberdrola in a research note on Monday, September 20th. Royal Bank of Canada set a €9.50 ($11.18) price target on Iberdrola in a research note on Wednesday. Finally, The Goldman Sachs Group set a €12.50 ($14.71) price objective on Iberdrola in a research report on Wednesday. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of €11.76 ($13.84).

Iberdrola has a one year low of €5.87 ($6.91) and a one year high of €7.30 ($8.59).

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Analyst Recommendations for Iberdrola (BME:IBE)

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