Macquarie Reiterates “Neutral” Rating for Iberdrola (IBDRY)

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Iberdrola (OTCMKTS:IBDRY)‘s stock had its “neutral” rating reissued by investment analysts at Macquarie in a report issued on Wednesday.

Other analysts have also issued reports about the stock. Atlantic Securities reiterated a “neutral” rating on shares of Iberdrola in a research note on Tuesday, January 8th. Goldman Sachs Group lowered shares of Iberdrola from a “buy” rating to a “neutral” rating in a research note on Thursday, November 29th. Finally, ValuEngine upgraded shares of Iberdrola from a “hold” rating to a “buy” rating in a research note on Friday, December 21st. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of “Hold”.

Shares of IBDRY stock opened at $34.32 on Wednesday. Iberdrola has a 52 week low of $27.46 and a 52 week high of $34.58. The company has a market capitalization of $54.49 billion, a PE ratio of 15.47 and a beta of 0.36. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.77 and a quick ratio of 0.65.

Iberdrola Company Profile

Iberdrola, SA, through its subsidiaries, engages in the generation, transmission, distribution, sale, and retail of electricity in Spain, Portugal, the United Kingdom, North America, the United Sates, Brazil, and internationally. It operates through Network Business, Deregulated Business, Renewable Business, and Other Businesses segments.

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