RBC Capital Reaffirms Sector Perform Rating on National Grid (NG)
National Grid (LON: NG)‘s stock had its “sector perform” rating reiterated by equities research analysts at RBC Capital in a research note issued to investors on Tuesday. They currently have a $11.30 (720 GBX) price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at Exane BNP Paribas upgraded shares of National Grid to an “outperform” rating in a research note to investors on Tuesday, January 22nd. They now have a $12.35 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “sell” rating on shares of National Grid in a research note to investors on Monday, January 7th. They now have a $9.75 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 Tuesday, December 18th. They now have a $10.37 price target on the stock.
National Grid opened at 698.443 on Tuesday. National Grid has a 52-week low of GBX 609.50 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 £25.402 billion.
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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