Recent Investment Analysts’ Ratings Updates for National Grid (NG)

Several brokerages have updated their recommendations and price targets on shares of National Grid (LON: NG) in the last few weeks:

  • 11/15/2019 – National Grid was given a new GBX 970 ($12.67) price target on by analysts at Credit Suisse Group AG. They now have a “buy” rating on the stock.
  • 11/14/2019 – National Grid had its “overweight” rating reaffirmed by analysts at Barclays PLC.
  • 11/14/2019 – National Grid had its price target raised by analysts at Goldman Sachs Group Inc from GBX 892 ($11.66) to GBX 927 ($12.11). They now have a “neutral” rating on the stock.
  • 11/14/2019 – National Grid was given a new GBX 840 ($10.98) price target on by analysts at UBS Group AG. They now have a “neutral” rating on the stock.
  • 11/14/2019 – National Grid was given a new GBX 960 ($12.54) price target on by analysts at JPMorgan Chase & Co.. They now have a “buy” rating on the stock.
  • 11/14/2019 – National Grid was given a new GBX 1,000 ($13.07) price target on by analysts at Royal Bank of Canada. They now have a “buy” rating on the stock.
  • 11/11/2019 – National Grid had its “overweight” rating reaffirmed by analysts at Morgan Stanley.
  • 10/17/2019 – National Grid was given a new GBX 970 ($12.67) price target on by analysts at Credit Suisse Group AG. They now have a “buy” rating on the stock.
  • 10/16/2019 – National Grid had its “overweight” rating reaffirmed by analysts at Barclays PLC.
  • 10/16/2019 – National Grid had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co..
  • 10/15/2019 – National Grid was given a new GBX 1,000 ($13.07) price target on by analysts at Royal Bank of Canada. They now have a “buy” rating on the stock.
  • 10/8/2019 – National Grid was upgraded by analysts at Deutsche Bank AG to a “buy” rating. They now have a GBX 930 ($12.15) price target on the stock, up previously from GBX 890 ($11.63).
  • 10/2/2019 – National Grid was given a new GBX 960 ($12.54) price target on by analysts at JPMorgan Chase & Co.. They now have a “buy” rating on the stock.
  • 9/23/2019 – National Grid had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co..
  • 9/19/2019 – National Grid had its price target raised by analysts at Jefferies Financial Group Inc from GBX 820 ($10.71) to GBX 880 ($11.50). They now have a “hold” rating on the stock.

Shares of National Grid stock traded up GBX 1.20 ($0.02) during trading hours on Friday, hitting GBX 895.10 ($11.70). The company had a trading volume of 5,788,139 shares, compared to its average volume of 10,850,000. The company’s 50-day moving average is GBX 890.75 and its two-hundred day moving average is GBX 850.47. National Grid plc has a twelve month low of GBX 8.90 ($0.12) and a twelve month high of GBX 926.70 ($12.11). The company has a debt-to-equity ratio of 153.93, a current ratio of 0.87 and a quick ratio of 0.58. The company has a market cap of $31.16 billion and a P/E ratio of 20.11.

The business also recently announced a dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Thursday, November 28th will be issued a GBX 16.57 ($0.22) dividend. This represents a dividend yield of 1.85%. The ex-dividend date is Thursday, November 28th. National Grid’s payout ratio is 1.06%.

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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