In a report released today, James Brand from Deutsche Bank maintained a Buy rating on National Grid, with a price target of £11.50. The company’s shares opened today at p1,073.50.
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Brand covers the Utilities sector, focusing on stocks such as Iberdrola, Pennon Group plc, and E.ON SE. According to TipRanks, Brand has an average return of 7.2% and a 66.28% success rate on recommended stocks.
In addition to Deutsche Bank , National Grid also received a Buy from J.P. Morgan’s Pavan Mahbubani in a report issued today. However, yesterday, RBC Capital maintained a Hold rating on National Grid (LSE: NG).
NG market cap is currently £53.34B and has a P/E ratio of 17.44.
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