Deutsche Bank AG set a GBX 920 ($11.25) price target on National Grid plc (LON:NG) in a research report sent to investors on Friday morning. The firm currently has a neutral rating on the stock.
A number of other research analysts also recently commented on NG. Goldman Sachs Group Inc increased their price target on National Grid plc from GBX 854 ($10.44) to GBX 855 ($10.45) and gave the company a sell rating in a report on Tuesday, February 28th. BNP Paribas reissued an underperform rating and issued a GBX 830 ($10.15) price target on shares of National Grid plc in a report on Wednesday, February 22nd. Credit Suisse Group AG reissued an underperform rating and issued a GBX 850 ($10.39) price target on shares of National Grid plc in a report on Monday, February 6th. HSBC Holdings plc reissued a buy rating and issued a GBX 1,060 ($12.96) price target on shares of National Grid plc in a report on Wednesday, February 1st. Finally, Royal Bank of Canada reissued an outperform rating and issued a GBX 1,050 ($12.84) price target on shares of National Grid plc in a report on Monday, January 30th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company’s stock. The company has an average rating of Hold and a consensus price target of GBX 988.18 ($12.08).
National Grid plc (LON:NG) opened at 978.20 on Friday. The stock’s market capitalization is GBX 36.81 billion. The firm has a 50 day moving average price of GBX 956.38 and a 200 day moving average price of GBX 986.18. National Grid plc has a 52 week low of GBX 888.90 and a 52 week high of GBX 1,148.00.
About National Grid plc
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.