National Grid (LON:NG) was upgraded by equities researchers at AlphaValue to an “add” rating in a research report issued on Thursday, AnalystRatings.Net reports. The firm currently has a GBX 798 ($12.88) target price on the stock. AlphaValue’s price objective would suggest a potential upside of 7.91% from the company’s current price.
Shares of National Grid (LON:NG) opened at 743.50 on Thursday. National Grid has a 1-year low of GBX 678.00 and a 1-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 £27.254 billion.
NG has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated an “outperform” rating on shares of National Grid (LON:NG) in a research note to investors on Tuesday. They now have a GBX 900 ($14.52) price target on the stock. Separately, 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. 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 research analysts have rated the stock with a sell rating, three have issued a hold rating and twelve have issued a buy rating to the company’s stock. The company 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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