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National Grid PLC (LON:NG) target price held steady at 1,060.00GBX, reported today by JP Morgan Cazenove

JP Morgan Cazenove hold steady the target of National Grid PLC (LON:NG) at 1,060.00GBX stating a potential upside of 0.10%.

Boasting a price of 967.50GBX, National Grid PLC (LON:NG) traded -0.24% lower on the day. With the last stock price close down -7.32% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. The company has recorded a 50-day moving average of 960.98GBX and a 200-day moving average of 1,031.78GBX. 2,359,702 shares of the stock traded hands, down from an average trading volume of 7,242,990

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National Grid PLC (LON:NG)

National Grid PLC has a 52 week low of 888.90GBX and a 52 week high of 1,118.60GBX with a P/E ratio of 4.25 The company’s market cap is currently 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.

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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