Avangrid Inc

AGR: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$28.38	Vxgb	Jhjskjlmy

Avangrid Earnings: Iberdrola Acquisition on Track for Year-End Close

Andrew Bischof

Aug 1, 2024

We are maintaining our $35.75 per share Avangrid fair value estimate after the company reported second-quarter earnings of $0.44 per share. Our fair value estimate for Avangrid is a function of Iberdrola's proposed acquisition price. Our no-moat rating remains unchanged.

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