National Grid PLC (LON:NG) has been reiterated to Hold in a statement by Jefferies International earlier today.
- Updated: September 21, 2016
Just yesterday National Grid PLC (LON:NG) traded -1.40% lower at 1,064.00GBX. NG’s 50-day average is 1,068.50GBX and its two hundred day average is 1,025.45GBX. With the last close up 3.13% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. 6,504,077 shares of the stock were exchanged, down from an average trading volume of 7,035,960
Jefferies International has reiterated National Grid PLC (LON:NG) to Hold in a report released on 9/22/2016.
Previously on 9/15/2016, JP Morgan Cazenove reported on National Grid PLC (LON:NG) held steady the target price at 1,200.00GBX. At the time, this indicated a possible upside of 0.14%.
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National Grid PLC has a price-earnings ratio of 15.39 with a one year low of 850.50GBX and a one year high of 1,148.00GBX NG’s total market value is presently 0 GBX.
In addition to Jefferies International reporting its stock price target, a total of 16 brokers have issued a report 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.
General Information 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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