Iberdrola (OTCMKTS:IBDRY) Rating Increased to Hold at Barclays

Barclays upgraded shares of Iberdrola (OTCMKTS:IBDRY) to a hold rating in a research note published on Tuesday, Zacks.com reports.

Iberdrola Stock Performance

Shares of IBDRY opened at $60.86 on Tuesday. The business’s fifty day moving average price is $55.29 and its 200 day moving average price is $52.26. Iberdrola has a 12-month low of $41.24 and a 12-month high of $61.59. The stock has a market capitalization of $97.73 billion, a PE ratio of 15.29, a price-to-earnings-growth ratio of 2.48 and a beta of 0.81. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.77 and a quick ratio of 0.66.

Iberdrola (OTCMKTS:IBDRY) last announced its quarterly earnings data on Wednesday, July 24th. The utilities provider reported $0.89 earnings per share (EPS) for the quarter. Iberdrola had a return on equity of 10.50% and a net margin of 14.05%. The firm had revenue of $10.72 billion for the quarter. Equities research analysts forecast that Iberdrola will post 3.51 EPS for the current year.

Iberdrola Company Profile

Iberdrola, SA engages in the generation, transmission, distribution, and supply of electricity in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia. It generates electricity from renewable sources, such as onshore and offshore wind, hydro, photovoltaic, combined cycle gas, and conventional nuclear, as well as through batteries.