National Grid (LON:NG) received a GBX 921 ($12.49) price target from research analysts at Societe Generale in a research note issued on Friday. The firm currently has a “buy” rating on the stock. Societe Generale’s price objective suggests a potential upside of 5.21% from the stock’s previous close.
A number of other analysts have also recently issued reports on NG. Deutsche Bank restated a “hold” rating on shares of National Grid in a research note on Friday. UBS set a GBX 800 ($10.85) target price on shares of National Grid and gave the stock a “neutral” rating in a research note on Thursday. JPMorgan Chase set a GBX 870 ($11.80) target price on shares of National Grid and gave the stock a “buy” rating in a research note on Monday. Goldman Sachs set a GBX 834 ($11.31) target price on shares of National Grid and gave the stock a “neutral” rating in a research note on Tuesday, May 1st. Finally, Royal Bank of Canada set a GBX 900 ($12.21) target price on shares of National Grid and gave the stock a “neutral” rating in a research note on Thursday, April 19th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 930.18 ($12.62).
Shares of National Grid opened at GBX 875.40 ($11.87) on Friday, according to Marketbeat Ratings. National Grid has a one year low of GBX 733 ($9.94) and a one year high of GBX 1,097 ($14.88).
National Grid Company Profile
National Grid plc transmits and distributes electricity and natural gas. It operates through UK Electricity Transmission, UK Gas Transmission, and US Regulated segments. The UK Electricity Transmission segment owns and operates electricity transmission networks, which comprise approximately 7,200 kilometers of overhead line; 1,500 kilometers of underground cable; and 342 substations located in England and Wales.
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