NG has been the subject of a number of other reports. HSBC decreased their price target on shares of National Grid from GBX 950 ($12.41) to GBX 940 ($12.28) and set a buy rating for the company in a research report on Thursday, September 6th. JPMorgan Chase & Co. set a GBX 950 ($12.41) price target on shares of National Grid and gave the stock a buy rating in a research report on Thursday. Goldman Sachs Group decreased their price target on shares of National Grid from GBX 847 ($11.07) to GBX 836 ($10.92) and set a neutral rating for the company in a research report on Tuesday, September 18th. Deutsche Bank reaffirmed a hold rating and set a GBX 860 ($11.24) price target on shares of National Grid in a research report on Monday, November 5th. Finally, Berenberg Bank decreased their price target on shares of National Grid from GBX 1,050 ($13.72) to GBX 950 ($12.41) and set a buy rating for the company in a research report on Wednesday, October 10th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of GBX 913.59 ($11.94).
Shares of LON NG traded up GBX 15.70 ($0.21) during trading on Friday, hitting GBX 855.70 ($11.18). 9,373,241 shares of the company traded hands, compared to its average volume of 10,850,000. National Grid has a 1 year low of GBX 733 ($9.58) and a 1 year high of GBX 1,097 ($14.33).
About National Grid
National Grid plc transmits and distributes electricity and natural gas. It operates through UK Electricity Transmission, UK Gas Transmission, US Regulated, and National Grid Ventures and Other Activities segments. The UK Electricity Transmission segment owns and operates electricity transmission networks, which comprise approximately 7,200 kilometers of overhead lines; 1,560 kilometers of underground cables; and 346 substations in England and Wales, as well as Scottish electricity transmission systems.
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