National Grid (LON:NG) received a GBX 950 ($12.41) target price from investment analysts at Barclays in a report released on Monday, Borsen Zeitung reports. The firm currently has a “buy” rating on the stock. Barclays‘s price objective would indicate a potential upside of 16.54% from the stock’s current price.

Other research analysts have also recently issued research reports about the company. Jefferies Financial Group reissued a “hold” rating on shares of National Grid in a research note on Tuesday, April 9th. JPMorgan Chase & Co. set a GBX 1,000 ($13.07) target price on National Grid and gave the company a “buy” rating in a research report on Thursday, May 16th. Deutsche Bank set a GBX 860 ($11.24) target price on National Grid and gave the company a “neutral” rating in a research report on Friday, May 17th. UBS Group reaffirmed a “neutral” rating and set a GBX 840 ($10.98) target price on shares of National Grid in a research report on Thursday, May 16th. Finally, Goldman Sachs Group increased their target price on National Grid from GBX 875 ($11.43) to GBX 899 ($11.75) and gave the company a “neutral” rating in a research report on Friday, April 5th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and nine have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 907.67 ($11.86).

Shares of LON:NG opened at GBX 815.20 ($10.65) on Monday. National Grid has a 52-week low of GBX 744.50 ($9.73) and a 52-week high of GBX 895.10 ($11.70). The company has a market capitalization of $27.81 billion and a P/E ratio of 8.36. The company has a current ratio of 0.85, a quick ratio of 0.51 and a debt-to-equity ratio of 148.26.

About National Grid

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.

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Analyst Recommendations for National Grid (LON:NG)

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