Iberdrola (OTCMKTS:IBDRY) Stock Rating Upgraded by Barclays

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

Iberdrola Stock Down 1.0 %

Shares of OTCMKTS:IBDRY opened at $59.84 on Tuesday. Iberdrola has a fifty-two week low of $41.24 and a fifty-two week high of $61.59. The company has a quick ratio of 0.66, a current ratio of 0.77 and a debt-to-equity ratio of 0.60. The firm’s 50-day simple moving average is $55.11 and its 200-day simple moving average is $52.15. The company has a market cap of $96.09 billion, a price-to-earnings ratio of 15.04, a PEG ratio of 2.48 and a beta of 0.81.

Iberdrola (OTCMKTS:IBDRY) last released its earnings results on Wednesday, July 24th. The utilities provider reported $0.89 earnings per share (EPS) for the quarter. The company had revenue of $10.72 billion for the quarter. Iberdrola had a return on equity of 10.50% and a net margin of 14.05%. As a group, equities research analysts predict that Iberdrola will post 3.51 earnings per share for the current year.

About Iberdrola

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.