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A statement released earlier today by HSBC about National Grid PLC (LON:NG) bumps down the target price to 1,050.00GBX

Having a price of 1,025.50GBX, National Grid PLC (LON:NG) traded -0.24% lower on the day. With the last close down -7.32% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the same period. National Grid PLC has recorded a 50-day average of 960.98GBX and a two hundred day average of 1,031.78GBX. Volume of trade was down over the average, with 2,359,702 shares of NG changing hands under the typical 7,242,990

Stating a potential upside of 0.02%, HSBC dropped the price target of National Grid PLC (LON:NG) to 1,050.00GBX

On 6/13/2017, Deutsche Bank released a statement on National Grid PLC (LON:NG) maintained the target price at 950.00GBX that suggested a downside of -0.06%.

Performance Chart

National Grid PLC (LON:NG)

With a total market value of 0 GBX, National Grid PLC has price-earnings ratio of 4.25 with a one year low of 888.90GBX and a one year high of 1,118.60GBX .

A total of 16 analysts have released a report on National Grid PLC. One analyst rating the company a strong buy, six analysts rating the company a buy, six analysts rating the company a hold, five analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price 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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