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Iberdrola (0HIT) Gets a Hold from J.P. Morgan
In a report released today, Javier Garrido from J.P. Morgan maintained a Hold rating on Iberdrola, with a price target of €18.00.
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Garrido covers the Utilities sector, focusing on stocks such as Enel S.p.A., E.ON SE, and Iberdrola. According to TipRanks, Garrido has an average return of 19.2% and a 77.36% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Iberdrola with a €18.68 average price target.
0HIT market cap is currently €131.7B and has a P/E ratio of 19.63.
Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is neutral on the stock.
Read More on GB:0HIT:
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- Iberdrola: Solid Fundamentals but Limited Upside as Peer Growth and Valuations Narrow the Premium Case
- Iberdrola downgraded to Neutral from Buy at Goldman Sachs
- Iberdrola downgraded to Neutral from Outperform at BNP Paribas
- Is 0HIT a Buy, Before Earnings?
- Iberdrola initiated with a Neutral at Rothschild & Co Redburn
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