Shares of National Grid plc (NYSE:NGG – Get Free Report) have earned an average rating of “Moderate Buy” from the six ratings firms that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company.
Several analysts recently weighed in on NGG shares. Citigroup downgraded shares of National Grid from a “buy” rating to a “neutral” rating in a report on Thursday. The Goldman Sachs Group upgraded shares of National Grid from a “neutral” rating to a “buy” rating in a report on Wednesday, June 12th. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of National Grid in a report on Wednesday. They issued a “buy” rating for the company.
Read Our Latest Stock Report on National Grid
Institutional Trading of National Grid
National Grid Stock Down 0.7 %
Shares of NYSE NGG opened at $66.50 on Friday. The company has a 50 day simple moving average of $66.81 and a 200-day simple moving average of $64.70. The company has a market capitalization of $52.76 billion, a P/E ratio of 13.57, a P/E/G ratio of 4.89 and a beta of 0.61. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.91 and a quick ratio of 0.84. National Grid has a 1 year low of $55.13 and a 1 year high of $73.40.
National Grid Company Profile
National Grid plc transmits and distributes electricity and gas. It 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.
Featured Articles
- Five stocks we like better than National Grid
- What is a SEC Filing?
- 3 Small-Cap Stocks on the Way to Bigger and Better Days
- Pros And Cons Of Monthly Dividend Stocks
- MarketBeat Week in Review – 9/30 – 10/4
- Comparing and Trading High PE Ratio Stocks
- Top Streaming Companies: Who’s Winning the Battle?
Receive News & Ratings for National Grid Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Grid and related companies with MarketBeat.com's FREE daily email newsletter.