National Grid plc 17.6% Potential Upside Indicated by Barclays Capital

Broker Ratings
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National Grid plc using EPIC/TICKER code (LON:NG) had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at Barclays Capital. National Grid plc are listed in the Utilities sector within UK Main Market. Barclays Capital have set a target price of 950 GBX on its stock. This is indicating the analyst believes there is a potential upside of 17.6% from the opening price of 807.8 GBX. Over the last 30 and 90 trading days the company share price has increased 43.6 points and decreased 18.3 points respectively. The 52 week high for the share price is currently at 895.1 GBX while the year low share price is currently 733 GBX.

National Grid plc has a 50 day moving average of 813.56 GBX and a 200 Day Moving Average share price is recorded at 828.51. There are currently 3,410,062,049 shares in issue with the average daily volume traded being 8,860,399. Market capitalisation for LON:NG is £27,945,458,491 GBP.

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