National Grid plc Given Outperform Rating at Sanford C. Bernstein (NG)
National Grid plc (LON:NG)‘s stock had its “outperform” rating reiterated by equities research analysts at Sanford C. Bernstein in a research note issued to investors on Friday. They currently have a GBX 960 ($16.10) target price on the stock. Sanford C. Bernstein’s price target would indicate a potential upside of 11.50% from the company’s current price.
Shares of National Grid plc (LON:NG) opened at 877.0001 on Friday. National Grid plc has a 52-week low of GBX 725.50 and a 52-week high of GBX 897.918. The stock’s 50-day moving average is GBX 855. and its 200-day moving average is GBX 838.3. The company’s market cap is £32.715 billion.
A number of other firms have also recently commented on NG. Analysts at Credit Suisse reiterated a “neutral” rating on shares of National Grid plc in a research note on Tuesday, August 5th. They now have a GBX 870 ($14.59) price target on the stock. Separately, analysts at Charles Stanley reiterated an “accumulate” rating on shares of National Grid plc in a research note on Monday, July 28th. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of National Grid plc in a research note on Monday, July 28th. They now have a GBX 925 ($15.52) price target on the stock. Five analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of GBX 822.59 ($13.80).
National Grid Plc is an electricity and gas utility company. The Company operates in three segments: UK Transmission, UK Gas Distribution and US Regulated.
Receive News & Ratings for National Grid plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Grid plc and related companies with Analyst Ratings Network's FREE daily email newsletter.