National Grid plc 18% Potential Upside Indicated by Societe Generale

Broker Ratings
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National Grid plc using EPIC/TICKER code (LON:NG) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Societe Generale. National Grid plc are listed in the Utilities sector within UK Main Market. Societe Generale have set a target price of 1050 GBX on its stock. This indicates the analyst now believes there is a potential upside of 18.0% from today’s opening price of 890 GBX. Over the last 30 and 90 trading days the company share price has decreased 61.2 points and decreased 25.4 points respectively. The 52 week high for the stock is 1073.8 GBX while the year low share price is currently 789.13 GBX.

National Grid plc has a 50 day moving average of 938.38 GBX and a 200 day moving average of 947.68. There are currently 3,510,165,110 shares in issue with the average daily volume traded being 10,870,582. Market capitalisation for LON:NG is £31,408,956,975 GBP.

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