Iberdrola S.A. (OTCMKTS:IBDRY) Stock Rated “Hold” by Wall Street Analysts

Iberdrola S.A. (OTCMKTS:IBDRY) has been assigned a consensus recommendation of “Hold” from the nine analysts that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and four have issued a buy recommendation on the company.

A number of research firms recently commented on IBDRY. Deutsche Bank Aktiengesellschaft raised Iberdrola to a “buy” rating in a research note on Tuesday, September 29th. Citigroup raised shares of Iberdrola to a “hold” rating in a research report on Friday, June 26th. Oddo Bhf lowered shares of Iberdrola from an “outperform” rating to a “neutral” rating in a report on Thursday, July 23rd. Kepler Capital Markets downgraded shares of Iberdrola from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 1st. Finally, Erste Group Bank raised shares of Iberdrola from a “hold” rating to a “buy” rating in a research note on Thursday, June 25th.

Iberdrola Stock Up 0.2%

Shares of OTCMKTS:IBDRY opened at $95.41 on Friday. The firm has a market cap of $159.17 billion, a P/E ratio of 20.21, a P/E/G ratio of 1.65 and a beta of 0.55. Iberdrola has a 12-month low of $76.31 and a 12-month high of $100.64. The business has a fifty day simple moving average of $93.54 and a 200 day simple moving average of $93.79. The company has a quick ratio of 0.63, a current ratio of 0.75 and a debt-to-equity ratio of 0.79.

Iberdrola (OTCMKTS:IBDRY) last released its quarterly earnings results on Wednesday, July 22nd. The utilities provider reported $1.14 EPS for the quarter, missing analysts’ consensus estimates of $1.16 by ($0.02). The company had revenue of $11.93 billion during the quarter, compared to the consensus estimate of $12.08 billion. Iberdrola had a net margin of 15.59% and a return on equity of 9.88%. Analysts predict that Iberdrola will post 4.68 earnings per share for the current year.

Iberdrola Company Profile

Iberdrola, SA is a Spanish energy company engaged in the generation, transmission, distribution and sale of electricity. Its activities include renewable power generation, particularly wind, solar and hydropower, as well as electricity networks and customer energy services. The company also develops and operates energy storage and other infrastructure supporting the transition to lower-carbon energy systems.

Headquartered in Bilbao, Spain, Iberdrola serves residential, commercial and industrial customers through operations in Spain, the United Kingdom, the United States, Brazil and other international markets.