National Grid plc (LON:NG) has been assigned a GBX 850 ($11.18) target price by research analysts at S&P Global in a research report issued on Friday. The brokerage currently has a “sell” rating on the stock. S&P Global’s price target indicates a potential downside of 5.01% from the stock’s current price.

Several other research analysts have also commented on the company. J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 1,060 ($13.94) price target on shares of National Grid plc in a research report on Friday. Deutsche Bank AG reissued a “sell” rating and issued a GBX 900 ($11.84) price target on shares of National Grid plc in a research report on Tuesday, November 7th. Barclays PLC set a GBX 990 ($13.02) price target on National Grid plc and gave the stock a “neutral” rating in a research report on Thursday, November 2nd. Credit Suisse Group reissued an “underperform” rating and issued a GBX 860 ($11.31) price target on shares of National Grid plc in a research report on Thursday, November 2nd. Finally, Morgan Stanley reissued an “overweight” rating on shares of National Grid plc in a research report on Tuesday, October 31st. Five research 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. National Grid plc presently has an average rating of “Hold” and a consensus target price of GBX 991.06 ($13.04).

National Grid plc (NG) opened at GBX 894.80 ($11.77) on Friday. National Grid plc has a 1 year low of GBX 888.90 ($11.69) and a 1 year 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.

Analyst Recommendations for National Grid plc (LON:NG)

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