The Goldman Sachs Group lowered shares of Iberdrola ( OTCMKTS:IBDRY – Free Report ) from a buy rating to a neutral rating in a research note published on Thursday morning, FlyOnTheWall reports. Separately, Jefferies Financial Group downgraded Iberdrola from a buy rating to a hold rating in a research note on Thursday, May 4th. Six analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of Hold and a consensus price target of $12.

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