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Avangrid Inc (NYSE:AGR) gets downgraded to Underperform by Bank of America

Analyst Ratings For Avangrid Inc (NYSE:AGR)

Today, Avangrid Inc (NYSE:AGR) stock was downgraded by Bank of America from Neutral to Underperform.

There are 5 Hold Ratings, 2 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 $52.7857 per share, a potential 0.30% upside.

Some recent analyst ratings include

About Avangrid Inc (NYSE:AGR)
Avangrid, Inc. operates as an energy services holding company in the United States. It operates through two segments, Networks and Renewables. The company engages in the generation, transmission, and distribution of electricity, as well as distribution, transportation, and sale of natural gas. 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. In addition, it 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 February 19, 2019, Avangrid, Inc. owned 8 electric and natural gas utilities, serving 3.2 million customers in New York and New England, as well as owned and operated 7.2 gigawatts of electricity capacity, primarily through wind power in 22 states. The company was founded in 1852 and is based 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 52,63 +0,28 0,53 % with 52.33 shares trading hands.

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