RBC Capital reiterated their outperform rating on shares of National Grid (LON:NG) in a research report released on Tuesday morning, AnalystRatingsNetwork reports. RBC Capital currently has a GBX 900 ($14.52) price objective on the stock.
RBC Capital has also taken action a number of other stocks recently. The firm lowered its price target on shares of Enbridge from $56.00 to $52.00. They have an outperform rating on that stock. Also, RBC Capital reiterated its sector perform rating on shares of Canadian National Railway. They have a $99.00 price target on that stock. Finally, RBC Capital reiterated its outperform rating on shares of Canadian Natrl Res. They have a $38.00 price target on that stock.
Shares of National Grid (LON:NG) traded down 0.54% during mid-day trading on Tuesday, hitting GBX 739.00. 2,861,426 shares of the company’s stock traded hands. National Grid has a 52-week low of GBX 678.00 and a 52-week 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 £27.089 billion.
Several other analysts have also recently commented on the stock. 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. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have issued a buy rating to the company. National Grid currently has a consensus rating of Buy and a consensus target price of GBX 783.44 ($12.64).
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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