National Grid plc 9.6% Potential Upside Indicated by JP Morgan Cazenove

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 ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. National Grid plc are listed in the Utilities sector within UK Main Market. JP Morgan Cazenove have set their target price at 1050 GBX on its stock. This indicates the analyst now believes there is a potential upside of 9.6% from today’s opening price of 957.8 GBX. Over the last 30 and 90 trading days the company share price has increased 44 points and increased 11.6 points respectively. The 52 week high share price is 1073.8 GBX while the 52 week low for the stock is 789.13 GBX.

National Grid plc has a 50 day moving average of 935.85 GBX and a 200 Day Moving Average share price is recorded at 939.80. There are currently 3,510,026,623 shares in issue with the average daily volume traded being 8,198,298. Market capitalisation for LON:NG is £33,345,252,918 GBP.

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