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Iberdrola Could Exceed Its Forecasts in 2028
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Goldman Sachs analysts point out that, even if Iberdrola is close to its peak, it could grow more in the long term, due to factors such as high energy demand in Europe and the opportunity for wind repowering in the United States. Therefore, Goldman Sachs recommends Buying with a target price of 20.50 euros a share. Analysts’ reasoning is that currently Iberdrola has a 15-fold quote of its profits for the 2028 estimates, a price-benefit balance t…
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