National Grid plc Receives Buy Rating from Bank of America Corp. (NG.)
National Grid plc (LON:NG.)‘s stock had its “buy” rating reaffirmed by Bank of America Corp. in a research note issued on Thursday, American Banking & Market News reports. They currently have a GBX 800 ($12.81) price objective on the stock.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of National Grid plc (LON:NG.) in a research note to investors on Friday, September 20th. Separately, analysts at Goldman Sachs Group Inc. raised their price target on shares of National Grid plc (LON:NG.) from GBX 692 ($11.08) to GBX 695 ($11.13) in a research note to investors on Tuesday, September 10th. They now have a “sell” rating on the stock. Finally, analysts at Morgan Stanley reiterated an “overweight” rating on shares of National Grid plc (LON:NG.) in a research note to investors on Tuesday, September 10th. They now have a GBX 880 ($14.10) price target on the stock. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 790.36 ($12.66).
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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