National Grid (LON:NG) Stock Price Expected to Rise, Citigroup Analyst Says

National Grid (LON:NG) had its price target boosted by Citigroup from GBX 1,150 to GBX 1,200 in a research report issued to clients and investors on Monday, MarketBeat.com reports. The brokerage currently has a “neutral” rating on the stock. Citigroup’s target price would indicate a potential downside of 0.33% from the company’s previous close.

Several other brokerages also recently weighed in on NG. Barclays restated an “overweight” rating and set a GBX 1,200 target price on shares of National Grid in a research note on Thursday, October 16th. JPMorgan Chase & Co. upped their target price on National Grid from GBX 1,225 to GBX 1,250 and gave the company an “overweight” rating in a research report on Friday, December 5th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on shares of National Grid from GBX 1,150 to GBX 1,250 and gave the stock a “buy” rating in a research report on Monday, January 19th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of GBX 1,225.

National Grid Stock Up 1.0%

Shares of LON:NG opened at GBX 1,204 on Monday. The company has a 50 day moving average of GBX 1,152.42 and a two-hundred day moving average of GBX 1,105.34. National Grid has a 52-week low of GBX 645 and a 52-week high of GBX 1,145.50. The company has a quick ratio of 0.34, a current ratio of 0.91 and a debt-to-equity ratio of 157.61. The company has a market capitalization of £59.11 billion, a price-to-earnings ratio of 19.78, a price-to-earnings-growth ratio of 2.06 and a beta of 0.25.

Insider Activity

In other news, insider Iain Mackay bought 4,500 shares of National Grid stock in a transaction dated Monday, November 17th. The stock was bought at an average cost of GBX 1,174 per share, for a total transaction of £52,830. Over the last quarter, insiders have bought 4,552 shares of company stock worth $5,343,320. 0.18% of the stock is owned by corporate insiders.

Trending Headlines about National Grid

Here are the key news stories impacting National Grid this week:

• Positive Sentiment: Citigroup raised its price target on National Grid from GBX 1,150 to GBX 1,200 while keeping a “neutral” rating — a direct supportive datapoint for the stock and a likely contributor to today’s positive move. Digital Look
• Neutral Sentiment: An energy expert (Iledare) outlined technical and policy solutions to frequent grid collapses in Nigeria — useful context for regional power markets but not directly tied to National Grid plc’s UK operations. This is background industry commentary rather than a company catalyst. Article
• Neutral Sentiment: Reports that solar has become cheaper than grid power in Nigeria highlight longer-term competitive pressures for centralized utilities in some emerging markets; this is a structural industry trend to monitor but not an immediate driver for NG’s UK-focused revenues. Article
• Negative Sentiment: Multiple outlets report repeated collapses of Nigeria’s national grid over the past few days (widespread blackouts; NISO cites a “voltage disturbance”; government updates indicate restorations). These stories refer to Nigeria’s national transmission system — not National Grid plc (NG) — but similar headlines can cause investor confusion or headline-driven negative sentiment in markets. Sources: MSN InformationNG PremiumTimes DailyPost TheCable

About National Grid

National Grid plc transmits and distributes electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in Midlands, and South West of England and South Wales.