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National Grid plc (ADR) (NYSE:NGG) has been downgraded to Hold in a statement by HSBC Holdings plc earlier today.

Boasting a price of $65.09, National Grid plc (ADR) (NYSE:NGG) traded 1.18% higher on the day. With the last close down -1.59% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. National Grid plc (ADR) has recorded a 50-day average of $63.58 and a two hundred day average of $66.43. Volume of trade was up over the average, with 718,839 shares of NGG changing hands over the typical 407,444

HSBC Holdings plc has downgraded National Grid plc (ADR) (NYSE:NGG) to Hold in a statement released on 6/21/2017.

Performance Chart

National Grid plc (ADR) (NYSE:NGG)

With a total market value of $0, National Grid plc (ADR) has price-earnings ratio of 4.50 with a 52 week low of $60.08 and a 52 week high of $79.56 .

Also covering National Grid plc (ADR)'s target, a total of 2 equity analysts have released a ratings update on NGG. The one year target is $71.67 with zero analysts rating the company a strong buy, 1 firm rating the stock a buy, 2 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About National Grid plc (ADR) (NYSE:NGG)

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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