Goldman Sachs Group Inc. set a €7.25 ($7.63) price target on Iberdrola SA (MCE:IBE) in a report published on Tuesday. The brokerage currently has a buy rating on the stock.

IBE has been the subject of several other reports. Societe Generale set a €6.80 ($7.16) price target on Iberdrola SA and gave the stock a buy rating in a research note on Tuesday, October 11th. Citigroup Inc. set a €7.00 ($7.37) price target on Iberdrola SA and gave the stock a buy rating in a research note on Wednesday, November 16th. Deutsche Bank AG set a €6.50 ($6.84) price target on Iberdrola SA and gave the stock a buy rating in a research note on Thursday, October 20th. HSBC set a €7.00 ($7.37) price target on Iberdrola SA and gave the stock a buy rating in a research note on Thursday, October 27th. Finally, BNP Paribas set a €7.20 ($7.58) price target on Iberdrola SA and gave the stock a buy rating in a research note on Wednesday, September 28th. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average price target of €6.92 ($7.28).

Analyst Recommendations for Iberdrola SA (MCE:IBE)

COPYRIGHT VIOLATION WARNING: “Iberdrola SA (IBE) Given a €7.25 Price Target at Goldman Sachs Group Inc.” was originally published by Financial Market News and is owned by of Financial Market News. If you are viewing this piece of content on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark law. The correct version of this piece of content can be read at http://www.financial-market-news.com/iberdrola-sa-ibe-given-a-7-25-price-target-at-goldman-sachs-group-inc/1210502/.

About Iberdrola SA

IBERDROLA, SA is engaged in carrying out electricity and gas activities in Spain and abroad. The Company’s segments include Network business, Deregulated business, Renewable business and Other businesses. Its Network business includes a range of energy transmission and distribution activities, and other regulated activity originated in Spain, the United Kingdom, the United States and Brazil.

Receive News & Ratings for Iberdrola SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iberdrola SA and related companies with MarketBeat.com's FREE daily email newsletter.