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National Grid plc 18% Potential Upside Indicated by JP Morgan Cazenove

National Grid plc with EPIC/TICKER (LON:NG) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. National Grid plc are listed in the Utilities sector within UK Main Market. JP Morgan Cazenove have set their target price at 960 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 18.0% from today’s opening price of 813.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 15.5 points and decreased 45.3 points respectively. The 52 week high for the share price is currently at 892 GBX while the 52 week low is 744.5 GBX.

National Grid plc has a 50 day moving average of 847.22 GBX and the 200 Day Moving Average price is recorded at 831.00. There are currently 3,411,815,909 shares in issue with the average daily volume traded being 6,668,702. Market capitalisation for LON:NG is £27,843,828,800 GBP.