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 Up 1.7 %

Shares of OTCMKTS:IBDRY opened at $60.86 on Tuesday. The company has a quick ratio of 0.66, a current ratio of 0.77 and a debt-to-equity ratio of 0.60. Iberdrola has a 52-week low of $41.24 and a 52-week high of $61.59. The company has a 50 day moving average of $55.29 and a two-hundred day moving average of $52.26. The company has a market capitalization of $97.73 billion, a price-to-earnings ratio of 15.29, a price-to-earnings-growth ratio of 2.48 and a beta of 0.81.

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