Barclays Sticks to Their Buy Rating for Iberdrola (0HIT)
Barclays analyst Dominic Nash maintained a Buy rating on Iberdrola today and set a price target of €16.90.
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According to TipRanks, Nash is a 5-star analyst with an average return of 13.8% and a 66.17% success rate. Nash covers the Utilities sector, focusing on stocks such as Orsted, Pennon Group plc, and SSE.
In addition to Barclays, Iberdrola also received a Buy from Kepler Capital ‘s Jose Porta in a report issued on November 25. However, on November 24, RBC Capital maintained a Hold rating on Iberdrola (LSE: 0HIT).
The company has a one-year high of €18.28 and a one-year low of €12.70. Currently, Iberdrola has an average volume of 8.55M.
Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of 0HIT in relation to earlier this year.
Read More on GB:0HIT:
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- Iberdrola upgraded to Buy from Hold at Erste Group
- 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?
