National Grid plc’s (NG) “Sell” Rating Reaffirmed at Deutsche Bank AG
National Grid plc (LON:NG)‘s stock had its “sell” rating reaffirmed by Deutsche Bank AG in a report released on Monday. They currently have a GBX 900 ($11.84) target price on the stock. Deutsche Bank AG’s target price suggests a potential upside of 0.58% from the company’s current price.
Other research analysts have also issued reports about the company. HSBC Holdings plc restated a “buy” rating and issued a GBX 1,060 ($13.94) target price on shares of National Grid plc in a research note on Monday, October 9th. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,050 ($13.81) price target on shares of National Grid plc in a research report on Tuesday, August 1st. Barclays PLC set a GBX 990 ($13.02) price target on National Grid plc and gave the company a “neutral” rating in a research report on Thursday, November 2nd. Macquarie reiterated a “neutral” rating and issued a GBX 975 ($12.82) price target on shares of National Grid plc in a research report on Thursday, October 26th. Finally, BNP Paribas reiterated a “neutral” rating and issued a GBX 1,000 ($13.15) price target on shares of National Grid plc in a research report on Friday, July 21st. Five equities research analysts have rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 991.06 ($13.04).
National Grid plc (LON NG) opened at GBX 894.80 ($11.77) on Monday. National Grid plc has a 12 month low of GBX 888.90 ($11.69) and a 12 month high of GBX 1,097 ($14.43).
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National Grid plc Company Profile
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.
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