Brokerages Set National Grid plc (NG) Target Price at $1,017.00
National Grid plc (LON:NG) has received a consensus rating of “Hold” from the fifteen ratings firms that are presently covering the stock. Four investment analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 1,009 ($12.52).
A number of brokerages have recently issued reports on NG. Barclays PLC reaffirmed an “overweight” rating and set a GBX 1,175 ($14.58) price target on shares of National Grid plc in a report on Friday, September 23rd. HSBC reaffirmed a “buy” rating and set a GBX 1,185 ($14.70) price target on shares of National Grid plc in a report on Monday, November 14th. Beaufort Securities reaffirmed a “buy” rating on shares of National Grid plc in a report on Friday, August 19th. Citigroup Inc. reaffirmed a “neutral” rating on shares of National Grid plc in a report on Wednesday, August 3rd. Finally, BNP Paribas reaffirmed an “underperform” rating and set a GBX 830 ($10.30) price target on shares of National Grid plc in a report on Tuesday, September 13th.
National Grid plc (LON:NG) opened at 913.20 on Monday. The stock’s market cap is GBX 34.36 billion. The firm’s 50-day moving average price is GBX 1,005.36 and its 200-day moving average price is GBX 1,039.77. National Grid plc has a 12-month low of GBX 892.92 and a 12-month high of GBX 1,148.00.
TRADEMARK VIOLATION NOTICE: “Brokerages Set National Grid plc (NG) Target Price at $1,017.00” was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this report on another publication, it was stolen and republished in violation of U.S. & international copyright law. The correct version of this report can be accessed at https://www.thecerbatgem.com/2016/12/01/brokerages-set-national-grid-plc-ng-target-price-at-1017-00.html.
About National Grid plc
National Grid plc is an electricity and gas utility company focused on transmission and distribution activities in electricity and gas in both the United Kingdom and the United States. The Company’s segments include UK Electricity Transmission, which is engaged in high voltage electricity transmission networks in Great Britain; UK Gas Transmission, which is the gas transmission network in Great Britain and United Kingdom liquefied natural gas (LNG) storage activities; UK Gas Distribution, which includes approximately four of the eight regional networks of Great Britain’s gas distribution system, and US Regulated, which includes gas distribution networks, electricity distribution networks and high voltage electricity transmission networks in New York, and New England and electricity generation facilities in New York.
Receive News & Stock Ratings for National Grid plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Grid plc and related stocks with our FREE daily email newsletter.