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Iberdrola downgraded to Sector Perform from Outperform at RBC Capital » 11:33
04/07/20
04/07
11:33
04/07/20
11:33
IBDRY

Iberdrola

$0.00 /

+ (+0.00%)

RBC Capital analyst…

RBC Capital analyst Fernando Garcia downgraded Iberdrola to Sector Perform from Outperform with a price target of EUR 10, down from EUR 11.30. The analyst cited "foreign exchange, negative working capital, and the mark to market of commodity prices" for the downgrade and price target cut.

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National Grid, Iberdrola upgraded to Buy; Centrica, Engie cut to Neutral at UBS » 07:33
04/07/20
04/07
07:33
04/07/20
07:33
NGG

National Grid

$53.57 /

+2.4 (+4.69%)

, DNNGY

Orsted A/S

$0.00 /

+ (+0.00%)

, CPYYY

Centrica

$0.00 /

+ (+0.00%)

, ENGIY

Engie SA

$0.00 /

+ (+0.00%)

, UNPRF

Uniper

$0.00 /

+ (+0.00%)

, IBDRY

Iberdrola

$0.00 /

+ (+0.00%)

UBS analyst Sam Arie…

UBS analyst Sam Arie upgraded Orsted (DNNGY), Iberdrola (IBDRY), and National Grid (NGG) to Buy from Neutral while cutting Centrica (CPYYY) and Engie (ENGIY) to Neutral from Buy. The analyst also upgraded Uniper (UNPRF) to Neutral from Sell as part of a broader research note on European utilities. Arie prefers the lowest-beta and most defensive names that he upgrades given their limited exposure to the biggest risks challenging the sector - power prices, retail defaults or delays, service mobility impacts, and emerging market FX. The analyst adds that while Iberdrola has some key risk exposure, it is more diversified and largely hedged this year. Arie adds that Engie and Centrica are among the most exposed names in the sector to the new set of risks that became evident globally in Q1.

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Iberdrola upgraded to Buy from Neutral at UBS » 07:26
04/07/20
04/07
07:26
04/07/20
07:26
IBDRY

Iberdrola

$0.00 /

+ (+0.00%)

UBS analyst Sam Arie…

UBS analyst Sam Arie upgraded Iberdrola to Buy from Neutral with a price target of EUR 9.75, up from EUR 9.50.

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Over a week ago
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Iberdrola downgraded to Neutral from Buy at BofA » 06:31
03/27/20
03/27
06:31
03/27/20
06:31
IBDRY

Iberdrola

$0.00 /

+ (+0.00%)

BofA downgraded Iberdrola…

BofA downgraded Iberdrola to Neutral from Buy with a EUR 9.70 price target.

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Iberdrola downgraded to Neutral from Buy at Goldman Sachs » 05:20
03/23/20
03/23
05:20
03/23/20
05:20
IBDRY

Iberdrola

$0.00 /

+ (+0.00%)

Goldman Sachs analyst…

Goldman Sachs analyst Alberto Gandolfi downgraded Iberdrola to Neutral from Buy with a price target of EUR 9.65, down from EUR 11.20. The analyst views the stock's recent outperformance versus the sector as unjustified.

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Over a month ago
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Iberdrola upgraded to Outperform from Sector Perform at RBC Capital » 05:24
02/12/20
02/12
05:24
02/12/20
05:24
IBDRY

Iberdrola

$0.00 /

+ (+0.00%)

RBC Capital analyst…

RBC Capital analyst Fernando Garcia upgraded Iberdrola to Outperform from Sector Perform with a EUR 11.30 price target.

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Hot Stocks
Siemens to acquire Iberdrola's stake in Siemens Gamesa Renewable for EUR20/shr » 14:10
02/04/20
02/04
14:10
02/04/20
14:10
SIEGY

Siemens

$0.00 /

+ (+0.00%)

, GCTAF

Siemens Gamesa

$0.00 /

+ (+0.00%)

, IBDRY

Iberdrola

$0.00 /

+ (+0.00%)

Siemens (SIEGY) said it…

Siemens (SIEGY) said it will acquire all the shares of Siemens Gamesa Renewable Energy (GCTAF) held by Iberdrola (IBDRY). At its regular meeting today, the Supervisory Board of Siemens AG approved the purchase of Iberdrola's 8.1% stake in SGRE. The purchase price is EUR20.00 per share, which corresponds to a 32% premium on top of the average SGRE share price for the last 30 trading days. Siemens will pay the total amount of EUR1.1B from its own resources. All legal disputes between Iberdrola and Siemens will be settled. In addition, Iberdrola, Siemens and SGRE have signed a cooperation agreement that covers certain projects for wind power generation and for improving the distribution grid. For these projects, Iberdrola, as a customer of SGRE and Siemens, will grant these companies exclusive negotiation rights for a limited period of time. Furthermore, Siemens expects that additional annual savings of up to EUR100M can be realized by unwinding the shareholder agreement and through intensified cooperation between Siemens and SGRE, resulting in a net present value of about EUR900M. As part of the spin-off and subsequent public listing of its Gas and Power business, Siemens will contribute all its shares in SGRE to the new Siemens Energy company. This move will create a pure-play energy company with a unique value proposition in the area of conventional and renewable energies. Siemens Energy, which will then hold about 67% of the voting rights at SGRE, will have a two-thirds majority at the company's annual general meeting. No mandatory takeover offer to SGRE's external shareholders is planned.

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Iberdrola upgraded to Overweight from Equal Weight at Barclays » 05:39
02/03/20
02/03
05:39
02/03/20
05:39
IBDRY

Iberdrola

$0.00 /

+ (+0.00%)

Barclays analyst Jose…

Barclays analyst Jose Ruiz upgraded Iberdrola to Overweight from Equal Weight with an EUR 11 price target.

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Conference/Events
Citigroup to hold a conference » 04:55
01/16/20
01/16
04:55
01/16/20
04:55
ELEZY

Endesa

$0.00 /

+ (+0.00%)

, ENGIY

Engie SA

$0.00 /

+ (+0.00%)

, ENIA

Enel Americas

$10.91 /

-0.04 (-0.37%)

, EONGY

E.ON

$0.00 /

+ (+0.00%)

, IBDRY

Iberdrola

$0.00 /

+ (+0.00%)

, NGG

National Grid

$62.32 /

+1.13 (+1.85%)

, SNMRY

Snam

$0.00 /

+ (+0.00%)

, SVTRY

Severn Trent

$0.00 /

+ (+0.00%)

, SZEVY

Suez

$0.00 /

+ (+0.00%)

, TERRF

Terna

$0.00 /

+ (+0.00%)

European Utilities &…

European Utilities & Infrastructure Conference will be held in London, England on January 15-16.

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Conference/Events
Citigroup to hold a conference » 08:58
01/15/20
01/15
08:58
01/15/20
08:58
ELEZY

Endesa

$0.00 /

+ (+0.00%)

, ENGIY

Engie SA

$0.00 /

+ (+0.00%)

, ENIA

Enel Americas

$10.95 /

-0.04 (-0.36%)

, EONGY

E.ON

$0.00 /

+ (+0.00%)

, IBDRY

Iberdrola

$0.00 /

+ (+0.00%)

, NGG

National Grid

$61.19 /

+0.1 (+0.16%)

, SNMRY

Snam

$0.00 /

+ (+0.00%)

, SVTRY

Severn Trent

$0.00 /

+ (+0.00%)

, SZEVY

Suez

$0.00 /

+ (+0.00%)

, TERRF

Terna

$0.00 /

+ (+0.00%)

European Utilities &…

European Utilities & Infrastructure Conference will be held in London, England on January 15-16.

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