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National Grid 3.3% Potential Upside Indicated by Goldman Sachs

National Grid using EPIC/TICKER code (LON:NG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at Goldman Sachs. National Grid are listed in the Utilities sector within UK Main Market. Goldman Sachs have set a target price of 927 GBX on its stock. This would imply the analyst believes there is now a potential upside of 3.3% from today’s opening price of 897 GBX. Over the last 30 and 90 trading days the company share price has increased 1.7 points and increased 35.6 points respectively. The 1 year high stock price is 926.7 GBX while the year low stock price is currently 744.5 GBX.

National Grid has a 50 day moving average of 883.05 GBX and a 200 day moving average of 857.28. There are currently 3,480,710,039 shares in issue with the average daily volume traded being 8,195,068. Market capitalisation for LON:NG is £31,086,220,508 GBP.