Goldman Sachs Reaffirms Their Buy Rating on Iberdrola (0HIT)
Goldman Sachs analyst Alberto Gandolfi maintained a Buy rating on Iberdrola today and set a price target of €19.50. The company’s shares closed yesterday at €17.56.
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According to TipRanks, Gandolfi is a 5-star analyst with an average return of 11.6% and a 65.42% success rate. Gandolfi covers the Utilities sector, focusing on stocks such as Iberdrola, EDP Energias de Portugal, and RWE AG.
Currently, the analyst consensus on Iberdrola is a Moderate Buy with an average price target of €17.02, a -3.08% downside from current levels. In a report released on October 28, Kepler Capital also maintained a Buy rating on the stock with a €17.30 price target.
The company has a one-year high of €17.83 and a one-year low of €11.56. Currently, Iberdrola has an average volume of 2.16M.
Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is neutral on the stock.
Read More on GB:0HIT:
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- Iberdrola price target raised to EUR 18 from EUR 17 at Morgan Stanley
- Iberdrola downgraded to Sell from Hold at DZ Bank
- Mixed Outlook for Iberdrola: Strong Financial Performance but Limited Upside Potential Warrants Hold Rating
- Is 0HIT a Buy, Before Earnings?
- Iberdrola price target raised to EUR 17 from EUR 16.90 at RBC Capital
