National Grid (LON:NG)‘s stock had its “overweight” rating reiterated by Morgan Stanley in a research note issued on Wednesday, StockRatingsNetwork.com reports.
Shares of National Grid (LON:NG) opened at 772.938 on Wednesday. National Grid has a 52 week low of GBX 674.50 and a 52 week high of GBX 849.50. The stock’s 50-day moving average is currently GBX 0.. The company’s market cap is £28.333 billion.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Cazenove reiterated a “neutral” rating on shares of National Grid in a research note to investors on Wednesday. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of National Grid in a research note to investors on Wednesday. Finally, analysts at Bank of America Corp. reiterated a “buy” rating on shares of National Grid in a research note to investors on Wednesday.
Four research analysts have rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company’s stock. National Grid currently has a consensus rating of “Hold” and an average price target of GBX 700.67 ($10.71).
National Grid Plc is an international electricity and gas company. The Company’s segments include UK Transmission, UK Gas Distribution, US Regulated and Other activities.
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