Barclays Reaffirms Their Buy Rating on National Grid (NG)
Barclays has reaffirmed a Buy rating on National Grid (NG) with a price target of £12.10, while the shares closed at £1,160.50. Analyst Dominic Nash, who has a 15.1% average return and a 71.88% success rate, also covers other utilities. National Grid holds a Strong Buy consensus with a target of £1,197.11, indicating a 3.15% upside. Deutsche Bank also maintains a Buy rating with a £11.50 target.
In a report released on November 6, Dominic Nash from Barclays maintained a Buy rating on National Grid, with a price target of £12.10. The company’s shares closed yesterday at p1,160.50.
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Nash covers the Utilities sector, focusing on stocks such as Orsted, Pennon Group plc, and Centrica. According to TipRanks, Nash has an average return of 15.1% and a 71.88% success rate on recommended stocks.
National Grid has an analyst consensus of Strong Buy, with a price target consensus of p1,197.11, a 3.15% upside from current levels. In a report released yesterday, Deutsche Bank also maintained a Buy rating on the stock with a £11.50 price target.
