National Grid plc (NG) Receives Average Rating of “Hold” from Analysts
Shares of National Grid plc (LON:NG) have earned an average recommendation of “Hold” from the sixteen research firms that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 990.47 ($13.33).
Several equities analysts have commented on NG shares. Deutsche Bank reissued a “sell” rating and set a GBX 900 ($12.11) target price on shares of National Grid in a research report on Thursday, September 14th. J P Morgan Chase & Co reissued an “overweight” rating and set a GBX 1,060 ($14.27) target price on shares of National Grid in a research report on Thursday, September 14th. reissued a “buy” rating and set a GBX 1,060 ($14.27) target price on shares of National Grid in a research report on Monday, October 9th. Credit Suisse Group reaffirmed an “underperform” rating and issued a GBX 860 ($11.57) price target on shares of National Grid in a research report on Thursday, November 2nd. Finally, Barclays set a GBX 990 ($13.32) price target on National Grid and gave the company a “neutral” rating in a research report on Thursday, November 2nd.
National Grid (LON:NG) traded up GBX 2.89 ($0.04) during trading on Monday, reaching GBX 878.10 ($11.82). 3,702,511 shares of the company’s stock traded hands, compared to its average volume of 9,370,000. National Grid has a 52-week low of GBX 859.30 ($11.57) and a 52-week high of GBX 1,097 ($14.76).
ILLEGAL ACTIVITY WARNING: “National Grid plc (NG) Receives Average Rating of “Hold” from Analysts” was originally posted by American Banking News and is the sole property of of American Banking News. If you are reading this piece of content on another website, it was illegally stolen and reposted in violation of US and international trademark & copyright legislation. The original version of this piece of content can be read at https://www.americanbankingnews.com/2017/12/11/national-grid-plc-ng-receives-average-rating-of-hold-from-analysts.html.
National Grid Company Profile
National Grid plc is an electricity and gas utility company focused on transmission and distribution activities in electricity and gas in both the United Kingdom and the United States. The Company’s segments include UK Electricity Transmission, which is engaged in high voltage electricity transmission networks in Great Britain; UK Gas Transmission, which is the gas transmission network in Great Britain and United Kingdom liquefied natural gas (LNG) storage activities; UK Gas Distribution, which includes approximately four of the eight regional networks of Great Britain’s gas distribution system, and US Regulated, which includes gas distribution networks, electricity distribution networks and high voltage electricity transmission networks in New York, and New England and electricity generation facilities in New York.
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 MarketBeat.com's FREE daily email newsletter.