Avangrid Inc (NYSE:AGR) gets downgraded to Underperform by Wolfe Research

Analyst Ratings For Avangrid Inc (NYSE:AGR)

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Today, Avangrid Inc (NYSE:AGR) stock was downgraded by Wolfe Research from Peer Perform to Underperform.

There are 6 Buy Ratings, 2 Sell Ratings, 2 Hold 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 $53.2857 per share, a potential 7.98% upside.

Some recent analyst ratings include

  • 8/13/2018-Avangrid Inc (NYSE:AGR) gets downgraded to Underperform by Wolfe Research
  • 7/25/2018-Avangrid Inc (NYSE:AGR) gets downgraded to In-Line by Evercore ISI with a price target of $53.00
  • 4/25/2018-Avangrid Inc (NYSE:AGR) had its Buy ➝ Buy rating reiterated by Janney Montgomery Scott with a $55.00 price target
  • 4/13/2018-Avangrid Inc (NYSE:AGR) has coverage initiated with a Buy ➝ Buy rating and $58.00 price target
  • 2/21/2018-Avangrid Inc (NYSE:AGR) had its Buy rating reiterated by Gabelli

Recent Insider Trading Activity For Avangrid Inc (NYSE:AGR)
Avangrid Inc (NYSE:AGR) has insider ownership of 0.42% and institutional ownership of 14.11%.

  • On 8/1/2018 Alan D Solomont, Director, bought 200 with an average share price of $49.89 per share and the total transaction amounting to $9,978.00.
  • 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.

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 49,41 −0,90 1,79 % with 49.26 shares trading hands.

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