Avangrid Inc (NYSE:AGR) gets downgraded to Neutral by Macquarie

Analyst Ratings For Avangrid Inc (NYSE:AGR)

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Today, Avangrid Inc (NYSE:AGR) stock was downgraded by Macquarie from Outperform to Neutral.

There are 5 Hold Ratings, 3 Sell Ratings, 1 Buy Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Avangrid Inc (NYSE:AGR) is Hold with a consensus target price of $52.7143 per share, a potential 8.22% upside.

Some recent analyst ratings include

  • 3/4/2019-Avangrid Inc (NYSE:AGR) gets downgraded to Neutral by Macquarie
  • 2/20/2019-Avangrid Inc (NYSE:AGR) gets downgraded to Neutral by Janney Montgomery Scott
  • 2/20/2019-Avangrid Inc (NYSE:AGR) gets downgraded to Neutral by Bank of America with a price target of $53.00
  • 1/30/2019-Avangrid Inc (NYSE:AGR) gets downgraded to Sell by Goldman Sachs Group
  • 8/13/2018-Avangrid Inc (NYSE:AGR) gets downgraded to Underperform by Wolfe Research
  • On 2/1/2019 Alan D Solomont, Director, bought 200 with an average share price of $49.61 per share and the total transaction amounting to $9,922.00.
  • On 1/3/2019 Alan D Solomont, Director, bought 199 with an average share price of $49.80 per share and the total transaction amounting to $9,910.20.
  • On 12/3/2018 Alan D Solomont, Director, bought 198 with an average share price of $50.64 per share and the total transaction amounting to $10,026.72.
  • On 11/15/2018 Elizabeth Timm, Director, bought 201 with an average share price of $49.82 per share and the total transaction amounting to $10,013.82.
  • On 11/1/2018 Alan D Solomont, Director, bought 213 with an average share price of $47.42 per share and the total transaction amounting to $10,100.46.
  • On 10/1/2018 Alan D Solomont, Director, bought 209 with an average share price of $48.01 per share and the total transaction amounting to $10,034.09.
  • On 9/18/2018 John E Baldacci, Director, bought 75 with an average share price of $49.77 per share and the total transaction amounting to $3,732.75.

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. The company also develops, constructs, and operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. It 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. In addition, the company 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. As of November 2, 2018, it owned eight electric and natural gas utilities, serving 3.2 million customers in New York and New England, as well as owned and operated 7.1 gigawatts of electricity capacity, primarily through wind power in 22 states across the United States. The company was formerly known as Iberdrola USA, Inc. The company 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 48.71 up +0.36 0.74% with 48.17 shares trading hands.

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