National Grid Given Sector Perform Rating at RBC Capital (NG)
National Grid (LON: NG)‘s stock had its “sector perform” rating reaffirmed by research analysts at RBC Capital in a report released on Thursday. They currently have a $10.92 (720 GBX) target price on the stock.
National Grid opened at 729.50 on Thursday. National Grid has a 52-week low of GBX 622.50 and a 52-week high of GBX 724.97. The stock’s 50-day moving average is currently GBX 689.3. The company’s market cap is £26.532 billion.
A number of other firms have also recently commented on NG. Analysts at Credit Suisse reiterated an “outperform” rating on shares of National Grid in a research note to investors on Monday. They now have a $11.63 price target on the stock. Separately, analysts at Goldman Sachs cut their price target on shares of National Grid from $9.53 to $9.46 in a research note to investors on Monday, February 11th. They now have a “sell” rating on the stock. Finally, analysts at JPMorgan Chase reiterated an “underweight” rating on shares of National Grid in a research note to investors on Wednesday, January 30th. They now have a $10.09 price target on the stock.
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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