National Grid plc Price Target Cut to GBX 860 by Analysts at HSBC (NG.)
Research analysts at HSBC dropped their price target on shares of National Grid plc (LON:NG.) from GBX 885 ($14.13) to GBX 860 ($13.73) in a report released on Tuesday, Analyst RN reports. The firm currently has an “overweight” rating on the stock.
NG. has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of National Grid plc in a research note to investors on Monday, October 7th. They now have a GBX 820 ($13.09) price target on the stock. Separately, analysts at Bank of America Corp. reiterated a “buy” rating on shares of National Grid plc in a research note to investors on Thursday, September 26th. They now have a GBX 800 ($12.77) price target on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of National Grid plc in a research note to investors on Friday, September 20th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of GBX 788.09 ($12.58).
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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