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National Grid plc 1% Potential Upside Indicated by HSBC

National Grid plc with EPIC/TICKER (LON:NG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at HSBC. National Grid plc are listed in the Utilities sector within UK Main Market. HSBC have set their target price at 970 GBX on its stock. This indicates the analyst now believes there is a potential upside of 1.0% from the opening price of 960 GBX. Over the last 30 and 90 trading days the company share price has increased 68.3 points and increased 138.3 points respectively. The 1 year high share price is 960 GBX while the year low share price is currently 744.5 GBX.

National Grid plc has a 50 day moving average of 900.78 GBX and a 200 Day Moving Average share price is recorded at 862.20. There are currently 3,480,726,569 shares in issue with the average daily volume traded being 10,842,702. Market capitalisation for LON:NG is £33,054,546,506 GBP.