Iberdrola, S.A. (OTCMKTS:IBDRY) Receives $13.15 Consensus PT from Analysts

Shares of Iberdrola, S.A. (OTCMKTS:IBDRYGet Rating) have received a consensus recommendation of “Moderate Buy” from the eight research firms that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $13.15.

Separately, Barclays increased their target price on shares of Iberdrola from €14.00 ($14.29) to €14.10 ($14.39) in a research report on Tuesday.

Iberdrola Price Performance

OTCMKTS:IBDRY opened at $40.93 on Tuesday. The company has a 50-day moving average of $42.48 and a 200-day moving average of $43.63. The company has a market capitalization of $65.10 billion, a price-to-earnings ratio of 16.28, a PEG ratio of 1.85 and a beta of 0.60. Iberdrola has a 52 week low of $38.28 and a 52 week high of $49.17. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.82 and a current ratio of 0.92.

Iberdrola (OTCMKTS:IBDRYGet Rating) last released its quarterly earnings data on Wednesday, July 27th. The utilities provider reported $0.64 EPS for the quarter. The business had revenue of $13.08 billion for the quarter. As a group, equities research analysts anticipate that Iberdrola will post 2.67 earnings per share for the current fiscal year.

Iberdrola Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, August 12th. Investors of record on Monday, July 11th were paid a dividend of $0.8805 per share. This is a positive change from Iberdrola’s previous dividend of $0.02. The ex-dividend date of this dividend was Friday, July 8th. This represents a yield of 5.32%.

Iberdrola Company Profile

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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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