Avangrid Inc has a consensus price target of $38.4 based on the ratings of 7 analysts. The high is $48 issued by Barclays on July 18, 2022. The low is $34 issued by Mizuho on January 3, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, Mizuho, and Mizuho on February 23, 2024, January 3, 2024, and June 14, 2023, respectively. With an average price target of $36 between Wells Fargo, Mizuho, and Mizuho, there's an implied -0.63% downside for Avangrid Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Avangrid (NYSE:AGR) was reported by Janney Montgomery Scott on March 8, 2024. The analyst firm set a price target for $0.00 expecting AGR to fall to within 12 months (a possible -100.00% downside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Avangrid (NYSE:AGR) was provided by Janney Montgomery Scott, and Avangrid downgraded their sell rating.
The last upgrade for Avangrid Inc happened on June 21, 2023 when Keybanc raised their price target to N/A. Keybanc previously had an underweight for Avangrid Inc.
The last downgrade for Avangrid Inc happened on March 8, 2024 when Janney Montgomery Scott changed their price target from N/A to N/A for Avangrid Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Avangrid, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Avangrid was filed on March 8, 2024 so you should expect the next rating to be made available sometime around March 8, 2025.
While ratings are subjective and will change, the latest Avangrid (AGR) rating was a downgraded with a price target of $0.00 to $0.00. The current price Avangrid (AGR) is trading at is $36.23, which is out of the analyst’s predicted range.
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