National Grid Receives “Neutral” Rating from Citigroup Inc. (NG)
National Grid (LON:NG)‘s stock had its “neutral” rating reiterated by stock analysts at Citigroup Inc. in a report issued on Monday, Analyst RN reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at AlphaValue upgraded shares of National Grid to an “add” rating in a research note to investors on Thursday. They now have a GBX 798 ($12.80) price target on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of National Grid in a research note to investors on Tuesday, October 1st. They now have a GBX 900 ($14.44) price target on the stock. Finally, analysts at Bank of America Corp. reiterated a “buy” rating on shares of National Grid in a research note to investors on Thursday, September 26th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of GBX 783.44 ($12.57).
Shares of National Grid (LON:NG) traded down 0.40% during mid-day trading on Monday, hitting GBX 740.50. The stock had a trading volume of 3,073,119 shares. National Grid has a 52-week low of GBX 678.00 and a 52-week high of GBX 849.50. The stock has a 50-day moving average of GBX 750.5 and a 200-day moving average of GBX 768.7. The company’s market cap is £27.144 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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