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National Grid plc 6.5% Potential Upside Indicated by Goldman Sachs

National Grid plc with EPIC/TICKER (LON:NG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at Goldman Sachs. National Grid plc are listed in the Utilities sector within UK Main Market. Goldman Sachs have set their target price at 899 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 6.5% from the opening price of 844 GBX. Over the last 30 and 90 trading days the company share price has decreased 2.3 points and increased 60.3 points respectively. The 52 week high for the stock is 895.1 GBX while the 52 week low is 744.5 GBX.

National Grid plc has a 50 day moving average of 858.72 GBX and the 200 Day Moving Average price is recorded at 831.74. There are currently 3,410,219,849 shares in issue with the average daily volume traded being 8,136,712. Market capitalisation for LON:NG is £28,504,683,944 GBP.