Credit Suisse Group set a GBX 850 ($11.11) price objective on National Grid (LON:NG) in a research note released on Tuesday morning. The firm currently has a neutral rating on the stock.

Other research analysts have also issued research reports about the stock. Berenberg Bank lowered their price objective on shares of National Grid from GBX 1,050 ($13.72) to GBX 950 ($12.41) and set a buy rating for the company in a research note on Wednesday, October 10th. Societe Generale raised shares of National Grid to a buy rating and raised their price objective for the company from GBX 921 ($12.03) to GBX 940 ($12.28) in a research note on Tuesday, September 11th. BNP Paribas set a GBX 920 ($12.02) price objective on shares of National Grid and gave the company a buy rating in a research note on Monday, September 10th. HSBC lowered their price objective on shares of National Grid from GBX 950 ($12.41) to GBX 940 ($12.28) and set a buy rating for the company in a research note on Thursday, September 6th. Finally, Citigroup reissued a buy rating and issued a GBX 961 ($12.56) price objective on shares of National Grid in a research note on Wednesday, August 29th. One analyst has rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the stock. The stock has a consensus rating of Buy and an average price target of GBX 916.63 ($11.98).

LON NG opened at GBX 835 ($10.91) on Tuesday. National Grid has a one year low of GBX 733 ($9.58) and a one year high of GBX 1,097 ($14.33).

The company also recently declared a dividend, which will be paid on Wednesday, January 9th. Investors of record on Thursday, November 22nd will be paid a GBX 16.08 ($0.21) dividend. The ex-dividend date of this dividend is Thursday, November 22nd. This represents a yield of 1.92%.

National Grid Company Profile

National Grid plc transmits and distributes electricity and natural gas. It operates through UK Electricity Transmission, UK Gas Transmission, US Regulated, and National Grid Ventures and Other Activities segments. The UK Electricity Transmission segment owns and operates electricity transmission networks, which comprise approximately 7,200 kilometers of overhead lines; 1,560 kilometers of underground cables; and 346 substations in England and Wales, as well as Scottish electricity transmission systems.

Read More: What Factors Can Affect Return on Equity?

Analyst Recommendations for National Grid (LON:NG)

Receive News & Ratings for National Grid Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Grid and related companies with MarketBeat.com's FREE daily email newsletter.