Iberdrola (IBDRY) Receives Neutral Rating from Atlantic Securities

Atlantic Securities reissued their neutral rating on shares of Iberdrola (OTCMKTS:IBDRY) in a research report sent to investors on Tuesday morning.

Several other equities analysts have also recently commented on IBDRY. ValuEngine upgraded shares of Iberdrola from a hold rating to a buy rating in a research report on Friday, December 21st. Goldman Sachs Group lowered shares of Iberdrola from a buy rating to a neutral rating in a report on Thursday, November 29th. Finally, Sanford C. Bernstein raised shares of Iberdrola from a market perform rating to an outperform rating in a report on Monday, September 10th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy.

Shares of OTCMKTS:IBDRY opened at $31.72 on Tuesday. The company has a market capitalization of $49.97 billion, a PE ratio of 16.74 and a beta of 0.40. The company has a quick ratio of 0.71, a current ratio of 0.86 and a debt-to-equity ratio of 0.73. Iberdrola has a 12 month low of $27.46 and a 12 month high of $33.79.

Iberdrola (OTCMKTS:IBDRY) last issued its earnings results on Wednesday, October 24th. The utilities provider reported $0.49 EPS for the quarter. The company had revenue of $10.11 billion during the quarter. Iberdrola had a net margin of 7.92% and a return on equity of 6.52%.

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.

Further Reading: What are retained earnings?

Receive News & Ratings for Iberdrola Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Iberdrola and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply