National Grid (LON:NG) Receives Buy Rating from Jefferies Financial Group

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National Grid (LON:NG - Get Free Report)'s stock had its "buy" rating restated by stock analysts at Jefferies Financial Group in a research note issued to investors on Thursday, Marketbeat Ratings reports. They currently have a GBX 1,330 ($16.83) price target on the stock. Jefferies Financial Group's price objective would suggest a potential upside of 30.26% from the company's current price.

National Grid Stock Down 1.1 %

NG stock traded down GBX 11.50 ($0.15) during midday trading on Thursday, reaching GBX 1,021 ($12.92). 4,144,595 shares of the company's stock traded hands. 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. The firm's fifty day moving average price is GBX 1,040.99 and its 200-day moving average price is GBX 1,025.82. The company has a quick ratio of 0.34, a current ratio of 0.93 and a debt-to-equity ratio of 156.83. National Grid has a 52 week low of GBX 918 ($11.62) and a 52 week high of GBX 1,181 ($14.95).

National Grid Company Profile

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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.

Further Reading

Analyst Recommendations for National Grid (LON:NG)

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