Analysts Set National Grid plc (LON:NG) Target Price at GBX 1,182.50

National Grid plc (LON:NG - Get Free Report) has received a consensus rating of "Moderate Buy" from the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 1,212 ($15.34).

Separately, Jefferies Financial Group restated a "buy" rating and issued a GBX 1,330 ($16.83) price objective on shares of National Grid in a report on Thursday.

National Grid Stock Down 1.1 %

Shares of National Grid stock traded down GBX 11.50 ($0.15) during trading on Thursday, reaching GBX 1,021 ($12.92). The company's stock had a trading volume of 4,144,595 shares. National Grid has a 1-year low of GBX 918 ($11.62) and a 1-year high of GBX 1,181 ($14.95). The company has a 50-day simple moving average of GBX 1,041.67 and a two-hundred day simple moving average of GBX 1,025.86. The company has a quick ratio of 0.34, a current ratio of 0.93 and a debt-to-equity ratio of 156.83. The company has a market cap of £37.98 billion, a price-to-earnings ratio of 1,479.71, a P/E/G ratio of 3.26 and a beta of 0.29.

National Grid Company Profile

National Grid plc transmits and distributes electricity and gas. The company operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales.