National Grid plc 10.5% Potential Upside Indicated by RBC Capital Markets

Broker Ratings
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National Grid plc using EPIC/TICKER code (LON:NG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at RBC Capital Markets. National Grid plc are listed in the Utilities sector within UK Main Market. RBC Capital Markets have set a target price of 1050 GBX on its stock. This is indicating the analyst believes there is a potential upside of 10.5% from today’s opening price of 950 GBX. Over the last 30 and 90 trading days the company share price has increased 58 points and increased 88.5 points respectively. The 52 week high for the stock is 1073.8 GBX while the 52 week low is 789.13 GBX.

National Grid plc has a 50 day moving average of 938.89 GBX and a 200 Day Moving Average share price is recorded at 941.94. There are currently 3,510,026,623 shares in issue with the average daily volume traded being 8,591,217. Market capitalisation for LON:NG is £34,130,060,079 GBP.

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