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National Grid (NGG) Stock Forecast & Price Target

$62.16
-0.69 (-1.10%)
(As of 07/12/2024 ET)

National Grid - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

N/A

TypeCurrent Forecast
7/13/23 to 7/12/24
1 Month Ago
6/13/23 to 6/12/24
3 Months Ago
4/14/23 to 4/13/24
1 Year Ago
7/13/22 to 7/13/23
Consensus Rating
Buy
Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
7 Buy rating(s)
7 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetN/AN/AN/AN/A
Forecasted UpsideN/AN/AN/AN/A
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NGG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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NGG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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National Grid Stock vs. The Competition

TypeNational GridUtilities CompaniesS&P 500
Consensus Rating Score
3.00
2.46
2.51
Consensus RatingBuyHoldModerate Buy
Predicted Upside60.16% Upside9.25% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/12/2024The Goldman Sachs Group
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A. Patel
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UpgradeNeutral ➝ Buy
6/3/2024Citigroup
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 UpgradeNeutral ➝ Buy
4/2/2024BNP Paribas
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 UpgradeUnderperform ➝ Outperform
2/5/2024Jefferies Financial Group
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 UpgradeHold ➝ Buy
1/16/2024Deutsche Bank Aktiengesellschaft
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 UpgradeHold ➝ Buy
12/11/2023UBS Group
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 UpgradeNeutral ➝ Buy
9/28/2023Barclays
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 Initiated CoverageOverweight ➝ Overweight
5/24/2023Credit Suisse Group
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 Boost TargetGBX 1,250 ➝ GBX 1,280
4/17/2023JPMorgan Chase & Co.
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 Boost TargetGBX 1,150 ➝ GBX 1,275
2/13/2023Royal Bank of Canada
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 Initiated CoverageOutperform ➝ Outperform
1/23/2023Berenberg Bank
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 Lower TargetGBX 1,210 ➝ GBX 1,100
1/6/2023Morgan Stanley
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 UpgradeEqual Weight ➝ Overweight
11/15/2022Societe Generale
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 UpgradeHold ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 10:32 PM ET.

NGG Forecast - Frequently Asked Questions

Should I buy or sell National Grid stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for National Grid in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NGG shares.

Has National Grid been upgraded by Wall Street analysts recently?

Over the previous 90 days, National Grid's stock had 2 upgrades by analysts.

What analysts cover National Grid?

National Grid has been rated by research analysts at Citigroup, and The Goldman Sachs Group in the past 90 days.

Do Wall Street analysts like National Grid more than its competitors?

Analysts like National Grid more than other "utilities" companies. The consensus rating for National Grid is Buy while the average consensus rating for "utilities" companies is Hold. Learn more on how NGG compares to other companies.


This page (NYSE:NGG) was last updated on 7/12/2024 by MarketBeat.com Staff

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