National Grid plc Rating Reiterated by RBC Capital (NG)
National Grid plc (LON:NG)‘s stock had its “outperform” rating reaffirmed by stock analysts at RBC Capital in a report issued on Friday. They currently have a GBX 925 ($15.46) target price on the stock. RBC Capital’s target price suggests a potential upside of 4.23% from the stock’s previous close.
National Grid plc (LON:NG) opened at 888.025 on Friday. National Grid plc has a one year low of GBX 725.50 and a one year high of GBX 897.918. The stock’s 50-day moving average is GBX 860.5 and its 200-day moving average is GBX 841.7. The company’s market cap is £33.126 billion.
A number of other firms have also recently commented on NG. Analysts at Berenberg Bank raised their price target on shares of National Grid plc from GBX 785 ($13.12) to GBX 850 ($14.21) in a research note on Thursday. They now have a “hold” rating on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of National Grid plc in a research note on Friday, August 15th. They now have a GBX 960 ($16.05) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of National Grid plc in a research note on Tuesday, August 5th. They now have a GBX 960 ($16.05) price target on the stock. Five equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 826.41 ($13.81).
National Grid Plc is an electricity and gas utility company. The Company operates in three segments: UK Transmission, UK Gas Distribution and US Regulated.
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