Iberdrola SA (OTCMKTS:IBDRY) has been upgraded from Underperform to Outperform in a statement by Exane BNP Paribas earlier today.
- Updated: October 2, 2016
Exane BNP Paribas has upgraded Iberdrola SA (OTCMKTS:IBDRY) from Underperform to Outperform in a statement released on Wednesday September 28, 2016.
Boasting a price of $26.64, Iberdrola SA (OTCMKTS:IBDRY) traded 0.93% higher on the day. With the last stock price close down 1.18% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Iberdrola SA has recorded a 50-day average of $26.73 and a two hundred day average of $26.83. Volume of trade was up over the average, with 39,948 shares of IBDRY changing hands over the typical 37,455
With a total market value of $0, Iberdrola SA has price-earnings ratio of 15.86 with a one year low of $23.61 and a one year high of $29.04 .
More About Iberdrola SA (OTCMKTS:IBDRY)
IBERDROLA, S.A. is engaged in carrying out electricity and gas activities in Spain and abroad. The Company's segments include Network business, Deregulated business, Renewable business and Other businesses. Its Network business includes a range of energy transmission and distribution activities, and other regulated activity originated in Spain, the United Kingdom, the United States and Brazil. Its Deregulated business includes electricity generation and sales businesses, as well as gas trading and storage businesses in Spain, Portugal, the United Kingdom and North America. Its Renewable business includes activities related to renewable energies in Spain, the United Kingdom, the United States and the rest of the world. Its Other businesses include the engineering and construction businesses, and the non-power businesses. Through its subsidiaries, it provides distribution and control; operation and maintenance of power generation facilities, and management and promotion of the ground.
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