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RBC Capital Sticks to Its Hold Rating for Iberdrola (0HIT)

Tipranks - Tipranks - Wed Apr 22, 12:42PM CDT

RBC Capital analyst Fernando Garcia maintained a Hold rating on Iberdrola today and set a price target of €17.00.

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According to TipRanks, Garcia is a 5-star analyst with an average return of 14.1% and a 69.73% success rate.

In addition to RBC Capital, Iberdrola also received a Hold from Jefferies’s Ahmed Farman in a report issued today. However, on April 14, Kepler Capital maintained a Buy rating on Iberdrola (LSE: 0HIT).

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0HIT market cap is currently €132.9B and has a P/E ratio of 31.54.

Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0HIT in relation to earlier this year.

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