JB Capital lifts Iberdrola price target to €24.10, keeps Buy rating

what happened

Brokerage JB Capital raised its Iberdrola (IBE) price target to €24.10 and kept a Buy recommendation. The firm sees roughly 12% potential upside from current levels. It also says its valuation of Iberdrola has climbed about 45% since early 2026.

The broker estimates that networks account for 57% of Iberdrola's value. It forecasts networks EBITDA growth above 10% and links that expansion to investment plans in the UK and the US.

The information comes from TradingView, which notes that this is an AI-generated summary and that important figures should be checked against original sources.

why it matters

For energy investors, the business mix matters: regulated grid operations generate predictable cash flows, so their share of total value often shapes how the whole group is valued. Faster networks EBITDA and spending in the UK and US show where the group is directing capital. A single broker's target change alone does little to shift the market, but it offers a reference point for comparing Iberdrola with other power utilities.

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