National Grid (NG) Given a GBX 877 Price Target by Goldman Sachs Group Analysts
National Grid (LON:NG) has been assigned a GBX 877 ($11.80) price objective by stock analysts at Goldman Sachs Group in a note issued to investors on Thursday. The firm currently has a “sell” rating on the stock. Goldman Sachs Group’s price target suggests a potential upside of 0.97% from the company’s current price.
A number of other research analysts have also commented on NG. Deutsche Bank lowered their price objective on shares of National Grid from GBX 950 ($12.79) to GBX 900 ($12.11) and set a “sell” rating on the stock in a research note on Thursday, August 17th. reiterated a “buy” rating and set a GBX 1,060 ($14.27) price objective on shares of National Grid in a research note on Wednesday, September 6th. J P Morgan Chase & Co restated an “overweight” rating and issued a GBX 1,060 ($14.27) price target on shares of National Grid in a research report on Thursday, September 14th. Credit Suisse Group restated an “underperform” rating and issued a GBX 850 ($11.44) price target on shares of National Grid in a research report on Friday, September 22nd. Finally, Macquarie restated a “neutral” rating and issued a GBX 975 ($13.12) price target on shares of National Grid in a research report on Thursday, October 26th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the stock. National Grid currently has a consensus rating of “Hold” and a consensus target price of GBX 993 ($13.36).
National Grid (LON:NG) opened at GBX 868.60 ($11.69) on Thursday. National Grid has a 12 month low of GBX 859.30 ($11.57) and a 12 month high of GBX 1,097 ($14.76).
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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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