Avangrid Inc
AGR: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$87.67 | Qwgx | Lxmhdyc |
Offshore Wind Issues Will Drag Down Avangrid's Long-Term Growth Potential
Business Strategy and Outlook
Avangrid is majority-owned by European utility Iberdrola. Avangrid investors must be comfortable with regulated operations across the Northeast and the outlook for the U.S. onshore and offshore renewable energy growth.