National Grid Receives Neutral Rating from BNP Paribas (NG)
National Grid (LON:NG)‘s stock had its “neutral” rating reiterated by BNP Paribas in a research note issued on Tuesday, American Banking & Market News reports. They currently have a GBX 780 ($12.79) price target on the stock. BNP Paribas’ price target would indicate a potential downside of 0.70% from the company’s current price.
Shares of National Grid (LON:NG) traded down 0.32% on Tuesday, hitting GBX 783.00. The stock had a trading volume of 3,692,455 shares. National Grid has a one year low of GBX 678.00 and a one year high of GBX 849.50. The stock has a 50-day moving average of GBX 773.3 and a 200-day moving average of GBX 760.. The company’s market cap is £29.198 billion.
A number of other analysts have also recently weighed in on NG. Analysts at Credit Suisse reiterated an “outperform” rating on shares of National Grid in a research note to investors on Thursday, December 5th. They now have a GBX 800 ($13.12) 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, November 26th. They now have a GBX 900 ($14.76) price target on the stock. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of GBX 788.29 ($12.93).
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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