Iberdrola (OTCMKTS:IBDRY) Raised to Outperform at Royal Bank of Canada

Royal Bank of Canada upgraded shares of Iberdrola (OTCMKTS:IBDRY) from a sector perform rating to an outperform rating in a report released on Wednesday, The Fly reports.

A number of other equities research analysts have also recently commented on IBDRY. ValuEngine cut Iberdrola from a hold rating to a sell rating in a research note on Tuesday, January 28th. Barclays raised Iberdrola from an equal weight rating to an overweight rating in a research note on Monday, February 3rd. Finally, Citigroup cut Iberdrola from a buy rating to a neutral rating in a research note on Tuesday, October 15th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of Hold.

IBDRY opened at $47.14 on Wednesday. The stock has a fifty day simple moving average of $42.50 and a two-hundred day simple moving average of $40.83. The company has a current ratio of 0.79, a quick ratio of 0.64 and a debt-to-equity ratio of 0.70. The company has a market cap of $75.07 billion, a price-to-earnings ratio of 19.27 and a beta of 0.27. Iberdrola has a 12-month low of $32.57 and a 12-month high of $47.22.

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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Analyst Recommendations for Iberdrola (OTCMKTS:IBDRY)

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