Goldman Sachs Reaffirms Their Buy Rating on Iberdrola (0HIT)
In a report released today, Alberto Gandolfi from Goldman Sachs maintained a Buy rating on Iberdrola, with a price target of €20.50.
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According to TipRanks, Gandolfi is a 5-star analyst with an average return of 11.4% and a 65.95% success rate. Gandolfi covers the Utilities sector, focusing on stocks such as Iberdrola, E.ON SE, and EDP Energias de Portugal.
In addition to Goldman Sachs, Iberdrola also received a Buy from Barclays’s Dominic Nash in a report issued on December 4. However, yesterday, Bernstein 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 8.67M.
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 downgraded to Hold from Buy at Jefferies
- 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
