A statement released earlier today by Goldman Sachs about National Grid PLC (LON:NG) bumps the target price to 854.00GBX
- Updated: November 28, 2016
Goldman Sachs bumped up the target of National Grid PLC (LON:NG) to 854.00GBX stating a potential downside of -0.08%.
On 11/21/2016, HSBC released a statement for National Grid PLC (LON:NG) bumped down the target price from 1,185.00GBX to 1,060.00GBX that suggested an upside of 0.14%.
Boasting a price of 926.10GBX, National Grid PLC (LON:NG) traded -0.58% lower on the day. With the last stock price close down -11.08% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. National Grid PLC has recorded a 50-day average of 1,005.36GBX and a two hundred day average of 1,039.77GBX. Volume of trade was down over the average, with 2,333,637 shares of NG changing hands under the typical 8,316,960
With a total market value of 0 GBX, National Grid PLC has price-earnings ratio of 17.00 with a one year low of 892.92GBX and a one year high of 1,148.00GBX .
A total of 16 equity analysts have released a research note on NG. One equity analyst rating the company a strong buy, six equity analysts rating the company a buy, six equity analysts rating the company a hold, five equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 952.94GBX.
More About National Grid PLC (LON:NG)
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. Its other activities relate to non-regulated businesses and other commercial operations not included within the above segments.
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