National Grid plc (NYSE:NGG – Get Free Report) has been given a consensus rating of “Buy” by the four research firms that are currently covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a buy recommendation.
Several analysts recently weighed in on the company. Sanford C. Bernstein upgraded National Grid from a “market perform” rating to an “outperform” rating in a research note on Monday. StockNews.com upgraded National Grid from a “sell” rating to a “hold” rating in a report on Friday, March 7th. Finally, Citigroup upgraded shares of National Grid from a “neutral” rating to a “buy” rating in a research note on Tuesday, January 21st.
Check Out Our Latest Stock Analysis on NGG
Institutional Investors Weigh In On National Grid
National Grid Stock Up 1.5 %
Shares of NYSE NGG opened at $63.25 on Monday. The firm has a fifty day simple moving average of $60.70 and a two-hundred day simple moving average of $63.24. The firm has a market capitalization of $61.89 billion, a PE ratio of 12.16, a price-to-earnings-growth ratio of 5.64 and a beta of 0.63. The company has a current ratio of 1.61, a quick ratio of 1.54 and a debt-to-equity ratio of 1.18. National Grid has a 12 month low of $54.24 and a 12 month high of $72.21.
National Grid Company Profile
National Grid plc transmits and distributes electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales.
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