National Grid (LON:NG) Rating Reiterated by Jefferies Financial Group

National Grid (LON:NG)‘s stock had its “buy” rating reiterated by research analysts at Jefferies Financial Group in a research report issued to clients and investors on Friday, Digital Look reports. They currently have a GBX 1,330 ($16.56) price target on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 29.13% from the stock’s current price.

National Grid Stock Up 1.7 %

LON NG opened at GBX 1,030 ($12.82) on Friday. National Grid has a 1 year low of GBX 918 ($11.43) and a 1 year high of GBX 1,181 ($14.70). The stock has a market capitalization of £38.32 billion, a PE ratio of 1,492.75, a PEG ratio of 3.26 and a beta of 0.29. The company has a debt-to-equity ratio of 156.83, a current ratio of 0.93 and a quick ratio of 0.34. The business’s 50-day moving average is GBX 1,038.69 and its 200 day moving average is GBX 1,026.63.

National Grid Company Profile

National Grid plc transmits and distributes electricity and gas. The company 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.