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JP Morgan Cazenove announced National Grid PLC (LON:NG), keeping its stock price target at 1,060.00GBX today

In a report released on 11/15/2017 JP Morgan Cazenove hold steady the stock price target of National Grid PLC (LON:NG) from 1,060.00GBX to 1,060.00GBX reporting a possible upside of 0.16%.

Previously on 11/10/2017, Deutsche Bank reported on National Grid PLC (LON:NG) held steady the target price at 900.00GBX. At the time, this indicated a possible downside of -0.01%.

Just yesterday National Grid PLC (LON:NG) traded 0.48% higher at 915.50GBX. National Grid PLC’s 50-day moving average is 935.96GBX and its 200-day moving average is 995.11GBX. The last closing price is down -8.64% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the same time period. 930,455 shares of NG traded hands, down from an average trading volume of 7,982,570

Recent Performance Chart

National Grid PLC (LON:NG)

National Grid PLC has 52 week low of 888.90GBX and a 52 week high of 1,097.00GBX with a PE ratio of 4.04 and has a market capitalization of 0 GBX.

In addition to JP Morgan Cazenove reporting its stock price target, a total of 16 brokers have issued a research note on the company. The average stock price target is 952.94GBX with 1 broker rating the stock a strong buy, 6 brokers rating the stock a buy, 6 brokers rating the stock a hold, 5 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On 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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