Analyst Ratings for National Grid PLC ADR (NGG)

Updated: 2017-07-28

National Grid PLC ADR (NYSE:NGG) was awarded an average rating of Hold from investment analysts following the stock. NGG had previously received a consensus rating of Hold a month ago.

A buy rating was issued by 8 analysts, 1 issued an overweight rating, 6 issued a hold rating, 1 issued an underweight rating, and 4 gave a sell rating. Today, there are 3 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 1.

A number of analysts gave price targets for NGG. The most optimistic price target was 73.99, implying a possible profit of 18.14 percent. The lowest price target was 55.33, implying potential capital losses of -11.66 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.12 percent. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

The growth rate of NGG's earnings is estimated by analysts to be 0.87 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of NGG is 15.92.

In the trailing 52-weeks, NGG hit 80.28 at the highest peak, while it's lowest trading point was 60.08. The current market price is above the trailing year's low by 4.24 percent, and 21.99 percent lower than its 52-week high. NGG has a P/E ratio of 13.85. Investors typically compare the P/E ratio to a company's peers in the industry. The NGG value stock report compares NGG to some of its peers using value stock charts. The stock has a market capitalization of $42.41 billion. NGG is estimated to release their earnings results for the quarter on 0000-00-00, days from today.