National Grid plc (LON: NG.)‘s stock had its “sell” rating reiterated by investment analysts at Deutsche Bank in a note issued to investors on Monday, AnalystRatingsNetwork.com reports. They currently have a GBX 660 ($10.06) price objective on the stock, up from their previous price objective of GBX 600 ($9.14).
Several other analysts have also recently commented on the stock. Analysts at Morgan Stanley reiterated an “overweight” rating on shares of National Grid plc in a research note to investors on Monday. They now have a GBX 775 ($11.81) price target on the stock. Finally, analysts at JP Morgan Cazenove reiterated a “neutral” rating on shares of National Grid plc in a research note to investors on Friday, May 31st. They now have a GBX 735 ($11.20) price target on the stock, down previously from GBX 785 ($11.96).
Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 750.78 ($11.44).
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.