National Grid (LON:NG.L) Given a GBX 1,100 Price Target at Berenberg Bank

Berenberg Bank set a GBX 1,100 ($13.62) price objective on National Grid (LON:NG.LGet Rating) in a report published on Monday, Borsen Zeitung reports.

Several other brokerages have also issued reports on NG.L. JPMorgan Chase & Co. set a GBX 1,150 ($14.24) price target on National Grid in a report on Friday, December 16th. Credit Suisse Group set a GBX 1,150 ($14.24) price objective on National Grid in a research note on Friday, October 28th. Jefferies Financial Group set a GBX 1,070 ($13.25) price objective on National Grid in a research note on Friday, October 7th. Deutsche Bank Aktiengesellschaft set a GBX 1,020 ($12.63) price objective on National Grid in a research note on Wednesday, October 12th. Finally, UBS Group set a GBX 1,050 ($13.00) price objective on National Grid in a research note on Thursday, January 19th.

National Grid Price Performance

The stock has a market capitalization of £45.42 billion and a PE ratio of 29.17. The company has a debt-to-equity ratio of 216.30, a quick ratio of 0.24 and a current ratio of 0.69. National Grid has a 1-year low of GBX 880.60 ($10.90) and a 1-year high of GBX 1,235.49 ($15.30).

About National Grid

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National Grid plc transmits and distributes electricity and natural gas. It operates through UK Electricity Transmission, UK Gas Transmission, US Regulated, and National Grid Ventures (NGV) and Other segments. The UK Electricity Transmission segment owns and operates electricity transmission networks, which comprise approximately 7,236 kilometers of overhead lines.

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