Avangrid Inc
AGR: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$75.38 | Jqg | Rvgyhzlz |
Avangrid: Lowering Moat to None Amid Regulatory Challenges and Offshore Wind Concerns
We are lowering our moat rating for Avangrid to none from narrow. The moat change had no effect on our $35.75 fair value estimate, which is a reflection of our expectations that Iberdrola's proposal to acquire the company will be successful.