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National Grid plc 2.9% 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’ 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 their target price at 870 GBX on its stock. This now indicates the analyst believes there is a possible upside of 2.9% from today’s opening price of 845.1 GBX. Over the last 30 and 90 trading days the company share price has increased 17.6 points and increased 90.1 points respectively. The 1 year high for the share price is 1097 GBX while the 52 week low for the stock is 733 GBX.

National Grid plc has a 50 day moving average of 808.16 GBX and the 200 Day Moving Average price is recorded at 871.18. There are currently 3,356,161,317 shares in issue with the average daily volume traded being 9,704,520. Market capitalisation for LON:NG is £28,087,714,881 GBP.