Iberdrola (BME:IBE) has been given a €7.20 ($8.18) price target by investment analysts at Deutsche Bank in a note issued to investors on Thursday. The brokerage currently has a “buy” rating on the stock. Deutsche Bank’s target price would suggest a potential upside of 20.00% from the stock’s current price.

Several other analysts have also recently commented on the stock. Goldman Sachs Group set a €7.20 ($8.18) price target on shares of Iberdrola and gave the company a “buy” rating in a research note on Monday, June 4th. Berenberg Bank set a €6.80 ($7.73) price target on shares of Iberdrola and gave the company a “neutral” rating in a research note on Wednesday, July 18th. UBS Group set a €6.40 ($7.27) price target on shares of Iberdrola and gave the company a “neutral” rating in a research note on Tuesday, June 5th. Credit Suisse Group set a €7.50 ($8.52) price target on shares of Iberdrola and gave the company a “buy” rating in a research note on Friday, July 13th. Finally, Morgan Stanley set a €8.20 ($9.32) price target on shares of Iberdrola and gave the company a “buy” rating in a research note on Tuesday, May 29th. Eight analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of €7.14 ($8.11).

IBE opened at €6.00 ($6.82) on Thursday. Iberdrola has a one year low of €5.87 ($6.67) and a one year high of €7.30 ($8.30).

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Analyst Recommendations for Iberdrola (BME:IBE)

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