Several other equities analysts also recently weighed in on NG. JPMorgan Chase & Co. reiterated an overweight rating and issued a GBX 1,060 ($14.64) price target on shares of National Grid in a report on Friday, November 10th. Citigroup reiterated a buy rating and issued a GBX 1,008 ($13.93) price target on shares of National Grid in a report on Wednesday, January 17th. Goldman Sachs Group set a GBX 877 ($12.12) price target on shares of National Grid and gave the stock a neutral rating in a report on Friday, January 26th. Morgan Stanley set a GBX 1,050 ($14.51) price target on shares of National Grid and gave the stock a buy rating in a report on Tuesday, February 13th. Finally, S&P Global set a GBX 850 ($11.74) price target on shares of National Grid and gave the stock a sell rating in a report on Friday, November 10th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of GBX 970.31 ($13.41).
National Grid (LON NG) opened at GBX 783.70 ($10.83) on Thursday. The company has a market cap of $26,380.00 and a P/E ratio of 1,632.71. National Grid has a 1 year low of GBX 733 ($10.13) and a 1 year high of GBX 1,097 ($15.16).
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National Grid 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.
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