Shares of Iberdrola S.A. (OTCMKTS:IBDRY – Get Free Report) have been assigned an average rating of “Hold” from the nine research firms that are presently covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating and four have issued a buy rating on the company.
Several brokerages have issued reports on IBDRY. Oddo Bhf cut shares of Iberdrola from an “outperform” rating to a “neutral” rating in a research note on Thursday, July 23rd. DZ Bank raised Iberdrola from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 21st. Kepler Capital Markets cut Iberdrola from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 1st. Citigroup reissued a “neutral” rating on shares of Iberdrola in a research report on Wednesday, October 21st. Finally, The Goldman Sachs Group upgraded shares of Iberdrola from a “hold” rating to a “buy” rating in a research note on Thursday, October 1st.
Get Our Latest Stock Report on Iberdrola
Iberdrola Price Performance
Shares of IBDRY stock opened at $98.00 on Wednesday. The stock’s 50-day simple moving average is $94.15 and its 200-day simple moving average is $93.17. Iberdrola has a fifty-two week low of $80.64 and a fifty-two week high of $100.64.
Iberdrola (OTCMKTS:IBDRY – Get Free Report) last released its quarterly earnings data on Wednesday, October 21st. The utilities provider reported $1.05 EPS for the quarter, missing the consensus estimate of $1.11 by ($0.06). The business had revenue of $12.72 billion during the quarter, compared to analyst estimates of $12.72 billion. As a group, equities analysts predict that Iberdrola will post 4.62 earnings per share for the current fiscal year.
Iberdrola Company Profile
Iberdrola, SA is a Spanish energy company engaged in the generation, distribution and supply of electricity, with a strategic focus on renewable energy and regulated electricity networks. Its activities include onshore and offshore wind, solar power, hydroelectric generation, battery storage and other low-carbon energy technologies, as well as the development and operation of electricity transmission and distribution infrastructure.
The company also supplies electricity and related energy services to residential, commercial and industrial customers.
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