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National Grid plc 5.4% Potential Upside Indicated by Deutsche Bank

National Grid plc using EPIC/TICKER code (LON:NG) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ 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 930 GBX on its stock. This would imply the analyst believes there is now a potential upside of 5.4% from today’s opening price of 882.5 GBX. Over the last 30 and 90 trading days the company share price has increased 62.5 points and increased 27.1 points respectively. The 52 week high for the stock is 892 GBX while the 52 week low for the share price is 744.5 GBX.

National Grid plc has a 50 day moving average of 859.74 GBX and the 200 Day Moving Average price is recorded at 844.46. There are currently 3,480,554,260 shares in issue with the average daily volume traded being 8,388,974. Market capitalisation for LON:NG is £30,712,411,639 GBP.