Analyst Ratings for Avangrid Inc. (AGR)

Updated: 2017-07-29

An average rating of Overweight has been given to Avangrid Inc. (NYSE:AGR) by analysts covering the stock. A consensus rating of Overweight was previously issued for AGR last month.

A buy rating was issued by 6 analysts, 1 gave an overweight rating, 1 gave a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Several price targets were given for AGR by the analysts covering the stock. The most optimistic analyst gave a price target of 53, which equates to a potential upside of 17.28 percent. The lowest price target was 43, implying potential capital losses of -4.85 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -9.41 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -9.41 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.23 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.45 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.

The growth rate of AGR's earnings is estimated by analysts to be 2.02 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of AGR is 10.26.

AGR has traded between a high of 46.39 and a low of 35.42 over the past year. Currently the stock is 27.58 percent higher than its low, and 2.59 percent lower than its 52-week high. AGR has a price/earnings ratio of 20.73. Investors typically compare the P/E ratio to a company's peers in the industry. The AGR value stock report compares AGR to some of its peers using value stock charts. The market cap of AGR is $13.97 billion. AGR's next earnings release will be on 0000-00-00, which is days away.