Credit Suisse Group set a €8.80 ($10.23) target price on Iberdrola (BME:IBE) in a report released on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other research firms have also recently weighed in on IBE. UBS Group initiated coverage on shares of Molecular Templates in a research report on Monday, April 29th. They set a buy rating and a $12.00 price objective on the stock. Deutsche Bank set a $137.00 price objective on shares of Verisk Analytics and gave the company a hold rating in a research report on Tuesday, April 23rd. Royal Bank of Canada restated a sell rating and set a $7.50 price objective on shares of Deutsche Bank in a research report on Thursday, April 25th. Berenberg Bank restated a buy rating and set a GBX 220 ($2.87) price objective on shares of Barclays in a research report on Monday, April 29th. Finally, Sanford C. Bernstein upgraded shares of Walmart from a market perform rating to an outperform rating and set a $101.80 price objective on the stock in a research report on Thursday, May 2nd. Seven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Iberdrola has an average rating of Buy and an average price target of €7.91 ($9.19).

Iberdrola has a 52-week low of €5.87 ($6.83) and a 52-week high of €7.30 ($8.49).

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Analyst Recommendations for Iberdrola (BME:IBE)

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