BME:IBEElectric Utilities
Iberdrola (BME:IBE) Stock Looks Fully Valued After Brazil Grid Investment Plan
Brazil investment plans put Iberdrola stock in focus
Iberdrola (BME:IBE) is in the spotlight after committing nearly $5 billion through subsidiary Neoenergia Coelba to expand electricity infrastructure in Brazil's Bahia state by 2030, alongside a broader 50 billion reais countrywide network plan.
See our latest analysis for Iberdrola.
The Bahia investment comes as Iberdrola shares trade at €20.7, with 7 day and 30 day share price returns of 3.19% and 6.56% respectively. A 5 year total...