National Grid plc 16.5% Potential Upside Indicated by Credit Suisse

Broker Ratings
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National Grid plc with EPIC/TICKER (LON:NG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Credit Suisse. National Grid plc are listed in the Utilities sector within UK Main Market. Credit Suisse have set a target price of 1040 GBX on its stock. This indicates the analyst now believes there is a potential upside of 16.5% from today’s opening price of 892.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 47.2 points and increased 8 points respectively. The 52 week high for the stock is 1073.8 GBX while the 52 week low for the share price is 789.13 GBX.

National Grid plc has a 50 day moving average of 947.56 GBX and the 200 Day Moving Average price is recorded at 947.52. There are currently 3,510,165,110 shares in issue with the average daily volume traded being 10,415,768. Market capitalisation for LON:NG is £31,582,269,235 GBP.

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