National Grid Stock Rating Reaffirmed by Credit Suisse (NG)
National Grid (LON: NG)‘s stock had its “outperform” rating restated by equities researchers at Credit Suisse in a report issued on Monday. They currently have a $11.63 (770 GBX) target price on the stock.
National Grid traded up 0.28% on Monday, hitting GBX 717.50. National Grid has a 1-year low of GBX 622.50 and a 1-year high of GBX 724.97. The stock’s 50-day moving average is currently GBX 689.3. The company’s market cap is £26.095 billion.
Other equities research analysts have also recently issued reports about the stock. 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. Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of National Grid in a research note to investors on Thursday, February 7th. They now have a $11.28 price target 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.