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National Grid plc 18.2% Potential Upside Indicated by JP Morgan Cazenove

National Grid plc using EPIC/TICKER code (LON:NG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. National Grid plc are listed in the Utilities sector within UK Main Market. JP Morgan Cazenove have set a target price of 1040 GBX on its stock. This would imply the analyst believes there is now a potential upside of 18.2% from the opening price of 879.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 39.3 points and decreased 101.7 points respectively. The 52 week high for the share price is currently at 1097 GBX while the 52 week low for the stock is 859.3 GBX.

National Grid plc has a 50 day moving average of 914.43 GBX and a 200 Day Moving Average share price is recorded at 1,000.59. There are currently 3,384,624,673 shares in issue with the average daily volume traded being 9,530,396. Market capitalisation for LON:NG is £29,811,773,707 GBP.

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