Berenberg Bank Reaffirms Their Hold Rating on Iberdrola (IBDRY)
Berenberg Bank analyst maintained a Hold rating on Iberdrola yesterday and set a price target of $88.67. The company’s shares closed yesterday at $86.39.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Iberdrola has an analyst consensus of Moderate Buy, with a price target consensus of $55.28.
Based on Iberdrola’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $9.88 billion and a net profit of $1.56 billion. In comparison, last year the company earned a revenue of $9.96 billion and had a net profit of $1.37 billion
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.