National Grid plc (NG) Reaches New 1-Year Low at $876.70

Shares of National Grid plc (LON:NG) hit a new 52-week low during trading on Monday . The company traded as low as GBX 876.70 ($11.53) and last traded at GBX 880 ($11.57), with a volume of 5959659 shares changing hands. The stock had previously closed at GBX 880 ($11.57).

A number of analysts have recently commented on NG shares. Berenberg Bank restated a “buy” rating and set a GBX 1,050 ($13.81) target price on shares of National Grid plc in a report on Tuesday, August 1st. Deutsche Bank AG restated a “sell” rating and set a GBX 900 ($11.84) target price on shares of National Grid plc in a report on Monday, November 13th. Morgan Stanley restated an “overweight” rating on shares of National Grid plc in a report on Tuesday, October 31st. Macquarie restated a “neutral” rating and set a GBX 975 ($12.82) target price on shares of National Grid plc in a report on Thursday, October 26th. Finally, restated a “buy” rating and set a GBX 1,060 ($13.94) target price on shares of National Grid plc in a report on Wednesday, September 6th. Five analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company. National Grid plc presently has a consensus rating of “Hold” and an average target price of GBX 991.06 ($13.04).

The firm also recently announced a dividend, which will be paid on Wednesday, January 10th. Shareholders of record on Thursday, November 23rd will be given a GBX 15.49 ($0.20) dividend. This represents a yield of 1.73%. The ex-dividend date of this dividend is Thursday, November 23rd.

TRADEMARK VIOLATION WARNING: This news story was reported by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of United States and international trademark & copyright legislation. The legal version of this news story can be viewed at https://sportsperspectives.com/2017/11/20/national-grid-plc-ng-reaches-new-1-year-low-at-876-70.html.

National Grid plc Company Profile

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.

Receive News & Ratings for National Grid plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Grid plc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply