National Grid Transco, PLC (NGG) Earns Daily News Sentiment Rating of 0.13
Headlines about National Grid Transco, PLC (NYSE:NGG) have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. National Grid Transco, PLC earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news articles about the utilities provider an impact score of 46.4786194035507 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media stories that may have impacted Accern’s scoring:
- TCN Records 15 System Collapses in 2017 (thisdaylive.com)
- South Brunswick: Residents Discuss Strategy To Block Trap Rock Quarry Gas Pipeline Project (tapinto.net)
- National Grid Transco, PLC (NGG) Sees Large Increase in Short Interest (americanbankingnews.com)
- Grid knows no bounds (business.inquirer.net)
- National Grid : Smoke billows out of city centre as underground cables catch fire (4-traders.com)
National Grid Transco, PLC (NYSE NGG) traded up 0.65% during trading on Tuesday, reaching $64.97. 359,437 shares of the company were exchanged. The stock has a 50 day moving average price of $63.71 and a 200 day moving average price of $66.42. National Grid Transco, PLC has a 12 month low of $60.08 and a 12 month high of $79.56. The firm has a market capitalization of $44.71 billion, a PE ratio of 4.47 and a beta of 0.44.
Several brokerages have recently issued reports on NGG. Berenberg Bank upgraded shares of National Grid Transco, PLC from a “hold” rating to a “buy” rating in a research report on Tuesday, August 1st. Zacks Investment Research upgraded shares of National Grid Transco, PLC from a “sell” rating to a “hold” rating in a research report on Wednesday, July 26th. BidaskClub upgraded shares of National Grid Transco, PLC from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. HSBC Holdings plc upgraded shares of National Grid Transco, PLC from a “hold” rating to a “buy” rating in a research report on Thursday, July 13th. Finally, UBS AG reiterated a “sell” rating on shares of National Grid Transco, PLC in a research report on Thursday, June 29th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $70.50.
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About National Grid Transco, 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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