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A statement released earlier today by JP Morgan Cazenove about National Grid PLC (LON:NG) maintains the target price at 1,200.00GBX

Just yesterday National Grid PLC (LON:NG) traded 0.19% lower at 1,057.00GBX. NG’s 50-day moving average is 1,073.65GBX and its 200-day average is 1,021.66GBX. The last stock close is up 1.60% from the 200-day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. 189,609 shares of the stock were exchanged, down from ann avg. trading volume of 7,177,550.

National Grid PLC (LON:NG) had its price target hold steady to 1,200GBX by JP Morgan Cazenove in a report issued Thursday September 15 2016. The new target price indicates a possible upside of 0.14% from the bussiness’ most recent closing price.

On 9/13/2016, Exane BNP Paribas released a statement about National Grid PLC(LON:NG) held the target price at 830.00GBX. At the time, this indicated a possible downside of -0.21%.

See Chart Below:

National Grid PLC (LON:NG)

In addition to JP Morgan Cazenove reporting it’s stock price target, a total of 16 firms have issued a report on National Grid PLC. The 12-month target price is 952.94GBX with one analyst rating the stock a strong buy, six analysts rating the company a buy, six analysts rating the stock a hold, five analysts rating the company to underperform, and lastly 0 analysts rating the company as sell.

National Grid PLC has a one-year low of 824.00GBX and a one-year high of 1,148.00GBX with a P/E ratio of 15. National Grid PLC’s total market value is currently 0.0 GBX.

Brief Synopsis 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 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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