National Grid (LON:NG)‘s stock had its “outperform” rating reiterated by RBC Capital in a research note issued on Tuesday, Stock Ratings Network.com reports. They currently have a GBX 900 ($14.52) price target on the stock. RBC Capital’s price objective suggests a potential upside of 23.20% from the stock’s previous close.
NG has been the subject of a number of other recent research reports. Analysts at Bank of America Corp. reiterated a “buy” rating on shares of National Grid (LON:NG) in a research note to investors on Thursday, September 26th. Separately, analysts at AlphaValue reiterated a “reduce” rating on shares of National Grid (LON:NG) in a research note to investors on Thursday, September 26th. They now have a GBX 786 ($12.68) price target on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of National Grid (LON:NG) in a research note to investors on Friday, September 20th. Four analysts have rated the stock with a sell rating, three have issued a hold rating and eleven have assigned a buy rating to the company’s stock. National Grid currently has a consensus rating of “Hold” and a consensus price target of GBX 782.24 ($12.62).
Shares of National Grid (LON:NG) opened at 730.602 on Tuesday. National Grid has a one year low of GBX 678.00 and a one year high of GBX 849.50. The stock’s 50-day moving average is GBX 750.5 and its 200-day moving average is GBX 768.7. The company’s market cap is £26.781 billion.
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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