Iberdrola S.A. (OTCMKTS:IBDRY) Given Average Rating of “Hold” by Analysts

Iberdrola S.A. (OTCMKTS:IBDRY – Get Free Report) has been given a consensus recommendation of “Hold” by the nine research firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and two have given a buy recommendation to the company.

A number of research analysts have issued reports on IBDRY shares. Oddo Bhf cut Iberdrola from an “outperform” rating to a “neutral” rating in a research note on Thursday, July 23rd. Citigroup raised Iberdrola to a “hold” rating in a research report on Friday, June 26th. Erste Group Bank upgraded Iberdrola from a “hold” rating to a “buy” rating in a report on Thursday, June 25th. Finally, Barclays upgraded Iberdrola from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, May 26th.

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Iberdrola Stock Performance

IBDRY opened at $92.23 on Tuesday. The firm’s fifty day moving average is $95.16 and its two-hundred day moving average is $93.52. The firm has a market cap of $153.87 billion, a PE ratio of 19.54, a price-to-earnings-growth ratio of 2.32 and a beta of 0.63. Iberdrola has a twelve month low of $72.48 and a twelve month high of $100.64. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.63 and a current ratio of 0.75.

Iberdrola (OTCMKTS:IBDRY – Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The utilities provider reported $1.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.16 by ($0.02). Iberdrola had a net margin of 15.59% and a return on equity of 9.88%. The firm had revenue of $11.93 billion during the quarter, compared to analyst estimates of $12.08 billion. Equities research analysts anticipate that Iberdrola will post 4.63 EPS for the current year.

Iberdrola Company Profile

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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.

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