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National Grid plc 3.8% Potential Decrease Indicated by Deutsche Bank

National Grid plc with EPIC/TICKER (LON:NG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ today by analysts at Deutsche Bank. National Grid plc are listed in the Utilities sector within UK Main Market. Deutsche Bank have set their target price at 900 GBX on its stock. This would imply the analyst believes there is a potential downside of -3.8% from the opening price of 935.2 GBX. Over the last 30 and 90 trading days the company share price has decreased 15.9 points and decreased 20.4 points respectively. The 52 week high for the share price is currently at 1097 GBX while the year low share price is currently 888.9 GBX.

National Grid plc has a 50 day moving average of 956.96 GBX and a 200 day moving average of 1,024.61. There are currently 3,412,512,837 shares in issue with the average daily volume traded being 5,899,756. Market capitalisation for LON:NG is £31,831,919,327 GBP.

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