Iberdrola (OTCMKTS:IBDRY) Stock Rating Reaffirmed by JPMorgan Chase & Co.


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Iberdrola (OTCMKTS:IBDRY)‘s stock had its “neutral” rating restated by research analysts at JPMorgan Chase & Co. in a research note issued to investors on Tuesday, The Fly reports.

A number of other brokerages have also commented on IBDRY. Jefferies Financial Group initiated coverage on Iberdrola in a research note on Wednesday, March 3rd. They issued a “buy” rating for the company. Barclays reiterated an “overweight” rating on shares of Iberdrola in a report on Tuesday, January 12th. UBS Group reiterated a “buy” rating on shares of Iberdrola in a report on Friday, February 12th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Iberdrola in a report on Friday, March 26th. Finally, Kepler Capital Markets upgraded Iberdrola from a “hold” rating to a “buy” rating in a report on Wednesday, March 3rd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the stock. The stock presently has an average rating of “Hold”.

Shares of IBDRY stock opened at $53.70 on Tuesday. The stock has a fifty day moving average of $51.21 and a 200 day moving average of $53.16. Iberdrola has a 52 week low of $36.26 and a 52 week high of $61.52. The firm has a market capitalization of $85.25 billion, a price-to-earnings ratio of 21.48 and a beta of 0.44. The company has a quick ratio of 0.57, a current ratio of 0.70 and a debt-to-equity ratio of 0.72.

About Iberdrola

Iberdrola, SA engages in the generation, transmission, distribution, and supply of electricity in Spain and internationally. It generates and markets electrical power using renewable sources, such as onshore and offshore wind, hydro, solar photovoltaic, combined cycle gas, nuclear, and biomass, as well as through installation of batteries.

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Analyst Recommendations for Iberdrola (OTCMKTS:IBDRY)

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