Citi downgrades Iberdrola to Sell, PT $9.40

Citi downgrades Iberdrola to Sell, PT $9.40

A Citi analyst downgraded Iberdrola (BME: IBE) from Neutral to Sell with a price target of $9.40 from a prior price target of EUR10.50.

Prior to this rating, Iberdrola had 11 buy ratings, 13 hold ratings, and 0 sell ratings.

For consensus analyst estimates and price targets on Iberdrola, click here. For more news on Iberdrola, click here.

Iberdrola's stock price closed at $11.840. They are up 0% in the last month and up 14.330% in the last 12 months.

According to Investing Pro, Iberdrola's fair value is $10.695, a downside of 9.630%. Iberdrola's fair value comes with a low degree of uncertainty, according to InvestingPro.

Check out Iberdrola's recent earnings performance and financials here.

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