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.

AGR was given price targets by several analysts. The maximum price target given was 53, which equates to a potential upside of 17.28 percent. The minimum price target given was 43, which equates to a potential downside 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. The average change in earnings estimates over the last 90 days is -9.41 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.23 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -0.45 percent in FY estimates.

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

Analysts estimate earnings of AGR to grow at a rate of 2.02 percent. People on Wall Street often look at a company's 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. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. AGR has a PEG ratio of 10.26.

In the trailing 52-weeks, AGR hit 46.39 at the highest peak, while it's lowest trading point was 35.42. The current market price is above the trailing year's low by 27.58 percent, and 2.59 percent lower than its 52-week high. AGR has a P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.