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Kepler Capital Sticks to Their Buy Rating for Iberdrola (0HIT)

Tipranks - Tipranks - Fri Jan 30, 11:28PM CST

Kepler Capital analyst Jose Porta maintained a Buy rating on Iberdrola on January 28 and set a price target of €17.30. The company’s shares closed yesterday at €18.78.

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According to TipRanks, Porta is a 5-star analyst with an average return of 7.4% and a 58.85% success rate. Porta covers the Utilities sector, focusing on stocks such as Iberdrola, EDP Energias de Portugal, and Corporacion Acciona Energias Renovables SA.

Currently, the analyst consensus on Iberdrola is a Moderate Buy with an average price target of €18.52.

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The company has a one-year high of €19.18 and a one-year low of €13.21. Currently, Iberdrola has an average volume of 8.96M.

Based on the recent corporate insider activity of 45 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.

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