National Grid plc Stock Rating Reaffirmed by Morgan Stanley (NG.)

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National Grid plc (LON: NG.)‘s stock had its “overweight” rating reiterated by research analysts at Morgan Stanley in a report released on Monday, Stock Ratings Network.com reports. They currently have a GBX 880 ($13.36) target price on the stock.

A number of other firms have also recently commented on NG.. Analysts at JP Morgan Cazenove reiterated a “neutral” rating on shares of National Grid plc in a research note to investors on Friday. They now have a GBX 735 ($11.16) price target on the stock, down previously from GBX 785 ($11.92). Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of National Grid plc in a research note to investors on Wednesday, May 29th. They now have a GBX 900 ($13.66) price target on the stock. Finally, analysts at BNP Paribas downgraded shares of National Grid plc from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, May 21st. They now have a GBX 780 ($11.84) price target on the stock.

Three analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 755.78 ($11.47).

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