National Grid Stock Rating Reaffirmed by Barclays Capital (NG)
National Grid (LON:NG)‘s stock had its “overweight” rating reaffirmed by equities research analysts at Barclays Capital in a research note issued to investors on Friday, Analyst Ratings.Net reports. They currently have a GBX 850 ($13.29) target price on the stock. Barclays Capital’s price target indicates a potential upside of 14.40% from the company’s current price.
A number of other firms have also recently commented on NG. Analysts at Morgan Stanley reiterated an “overweight” rating on shares of National Grid (LON:NG) in a research note to investors on Tuesday. Separately, analysts at Galvan Research reiterated a “buy” rating on shares of National Grid (LON:NG) in a research note to investors on Monday, September 2nd. Finally, analysts at BNP Paribas reiterated a “neutral” rating on shares of National Grid (LON:NG) in a research note to investors on Wednesday, August 28th. They now have a GBX 780 ($12.20) price target on the stock.
Four research analysts have rated the stock with a sell rating, three have issued a hold rating and ten have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 767.49 ($12.00).
Shares of National Grid (LON:NG) opened at 747.00 on Friday. The stock has a 50-day moving average of GBX 753.5 and a 200-day moving average of GBX 767.8. The company’s market cap is £27.382 billion.
National Grid Plc is an international electricity and gas company. The Company’s segments include UK Transmission, UK Gas Distribution, US Regulated and Other activities.
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