Iberdrola (OTCMKTS:IBDRY) Downgraded by ValuEngine to Hold

Iberdrola (OTCMKTS:IBDRY) was downgraded by equities research analysts at ValuEngine from a “buy” rating to a “hold” rating in a report released on Thursday, ValuEngine reports.

Other analysts have also issued reports about the company. Bank of America reissued a “neutral” rating on shares of Iberdrola in a report on Monday, April 29th. Credit Suisse Group reissued a “neutral” rating on shares of Iberdrola in a report on Thursday, July 11th. Six analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Iberdrola has a consensus rating of “Hold”.

IBDRY traded up $0.27 during trading on Thursday, hitting $38.22. The company’s stock had a trading volume of 36,456 shares, compared to its average volume of 153,536. The company has a quick ratio of 0.69, a current ratio of 0.82 and a debt-to-equity ratio of 0.67. Iberdrola has a twelve month low of $27.46 and a twelve month high of $40.81. The business’s fifty day moving average price is $39.18. The company has a market cap of $60.32 billion, a price-to-earnings ratio of 17.07 and a beta of 0.35.

About Iberdrola

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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To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Iberdrola (OTCMKTS:IBDRY)

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