Goldman Sachs Group Analysts Give Iberdrola (BME:IBE) a €12.50 Price Target

Goldman Sachs Group set a €12.50 ($14.71) target price on Iberdrola (BME:IBE) in a research report released on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

IBE has been the subject of a number of other research reports. UBS Group set a €12.00 ($14.12) price target on Iberdrola and gave the stock a buy rating in a research report on Thursday, September 3rd. Deutsche Bank Aktiengesellschaft set a €11.50 ($13.53) price target on Iberdrola and gave the stock a buy rating in a research report on Friday, July 17th. Morgan Stanley set a €11.30 ($13.29) price target on Iberdrola and gave the stock a neutral rating in a research report on Tuesday, September 15th. Barclays set a €12.00 ($14.12) price target on Iberdrola and gave the stock a buy rating in a research report on Friday, July 10th. Finally, Royal Bank of Canada set a €10.50 ($12.35) price target on Iberdrola and gave the stock a neutral rating in a research report on Wednesday. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock presently has an average rating of Buy and an average target price of €10.87 ($12.79).

Iberdrola has a 52-week low of €5.87 ($6.91) and a 52-week high of €7.30 ($8.59).

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