Avangrid Inc (NYSE:AGR) gets downgraded to In-Line by Evercore ISI with a price target of $53.00

ME Staff
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Analyst Ratings For Avangrid Inc (NYSE:AGR)

Today, Avangrid Inc (NYSE:AGR) stock was downgraded by Evercore ISI from Outperform to In-Line with a price target of $53.00.

There are 6 Buy Ratings, 2 Hold Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Avangrid Inc (NYSE:AGR) is Buy with a consensus target price of $53.1429 per share, a potential 6.33% upside.

Some recent analyst ratings include

  • 7/25/2018-Evercore ISI was Downgraded by analysts at Evercore ISI from a “Outperform ” rating to a ” In-Line” rating. They now have a $53.00 price target on the stock.
  • 4/25/2018-Janney Montgomery Scott Reiterated Rating of Buy .
  • 4/13/2018-Citigroup initiated coverage with a Buy rating.
  • 2/21/2018-Gabelli Reiterated Rating of Buy.
  • 2/21/2018-Wells Fargo & Co Reiterated Rating of Market Perform .

Recent Insider Trading Activity For Avangrid Inc (NYSE:AGR)
Avangrid Inc (NYSE:AGR) has insider ownership of 0.42% and institutional ownership of 14.21%.

  • On 7/2/2018 Alan D Solomont, Director, bought 189 with an average share price of $53.14 per share and the total transaction amounting to $10,043.46.
  • On 6/15/2018 John E Baldacci, Director, bought 75 with an average share price of $50.02 per share and the total transaction amounting to $3,751.50.
  • On 6/1/2018 Alan D Solomont, Director, bought 189 with an average share price of $53.16 per share and the total transaction amounting to $10,047.24.
  • On 5/15/2018 Elizabeth Timm, Director, bought 192 with an average share price of $52.24 per share and the total transaction amounting to $10,030.08.
  • On 3/15/2018 John E Baldacci, Director, bought 100 with an average share price of $49.63 per share and the total transaction amounting to $4,963.00.
  • On 2/15/2018 Elizabeth Timm, Director, bought 210 with an average share price of $48.70 per share and the total transaction amounting to $10,227.00.
  • On 2/1/2018 Alan D Solomont, Director, bought 103 with an average share price of $48.63 per share and the total transaction amounting to $5,008.89.

About Avangrid Inc (NYSE:AGR)
Avangrid, Inc. operates as an energy services holding company in the United States. It engages in the generation, transmission, and distribution of electricity, as well as distribution, transportation, and sale of natural gas. As of December 31, 2017, the company delivered electricity to approximately 2.2 million electric utility customers, as well as natural gas to approximately 1 million natural gas public utility customers; and owned approximately 67.5 billion cubic feet of net working gas storage capacity. It also develops, constructs, and operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. The company delivers natural gas and electricity to residential, commercial, and institutional customers through its regulated utilities in New York, Maine, Connecticut, and Massachusetts; and sells its output to investor-owned utilities, public utilities, and other credit-worthy entities. It also generates and provides power and other services to federal and state agencies, as well as institutional retail and joint action agencies; and delivers thermal output to wholesale customers in the Western United States. The company was formerly known as Iberdrola USA, Inc. Avangrid, Inc. was founded in 1852 and is headquartered in Orange, Connecticut. Avangrid, Inc. is a subsidiary of Iberdrola, S.A.

Recent Trading Activity for Avangrid Inc (NYSE:AGR)
Shares of Avangrid Inc closed the previous trading session at 50,10 −0,010 0,020 % with 490760 shares trading hands.