National Grid plc (NG) Stock Rating Reaffirmed by Deutsche Bank AG
National Grid plc (LON:NG)‘s stock had its “sell” rating reissued by research analysts at Deutsche Bank AG in a report released on Monday. They presently have a GBX 900 ($11.84) target price on the stock. Deutsche Bank AG’s target price indicates a potential upside of 1.60% from the stock’s current price.
Other research analysts have also issued research reports about the company. reiterated a “buy” rating and issued a GBX 1,060 ($13.94) price target on shares of National Grid plc in a report on Monday, October 9th. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,050 ($13.81) price target on shares of National Grid plc in a report on Tuesday, August 1st. Barclays PLC set a GBX 990 ($13.02) price target on National Grid plc and gave the stock a “neutral” rating in a report on Thursday, November 2nd. Macquarie reiterated a “neutral” rating and issued a GBX 975 ($12.82) price target on shares of National Grid plc in a report on Thursday, October 26th. Finally, BNP Paribas reiterated a “neutral” rating and issued a GBX 1,000 ($13.15) price target on shares of National Grid plc in a report on Friday, July 21st. Five analysts have rated the stock with a sell rating, five have given a hold rating and seven have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of GBX 991.06 ($13.04).
National Grid plc (LON NG) opened at GBX 885.87 ($11.65) on Monday. National Grid plc has a fifty-two week low of GBX 884.01 ($11.63) and a fifty-two week high of GBX 1,097 ($14.43).
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About National Grid plc
National Grid plc is an electricity and gas utility company focused on transmission and distribution activities in electricity and gas in both the United Kingdom and the United States. The Company’s segments include UK Electricity Transmission, which is engaged in high voltage electricity transmission networks in Great Britain; UK Gas Transmission, which is the gas transmission network in Great Britain and United Kingdom liquefied natural gas (LNG) storage activities; UK Gas Distribution, which includes approximately four of the eight regional networks of Great Britain’s gas distribution system, and US Regulated, which includes gas distribution networks, electricity distribution networks and high voltage electricity transmission networks in New York, and New England and electricity generation facilities in New York.
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