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.

Investment analysts gave a few price targets for NGG. The maximum price target given was 73.99, implying a possible profit of 18.14 percent. The most pessimistic analyst gave a price target of 55.33, implying a possible loss of -11.66 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.12 percent, as compared to a month ago. 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, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

NGG has an estimated earnings growth rate of 0.87 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. NGG has a PEG ratio of 15.92.

NGG has traded between a high of 80.28 and a low of 60.08 over the past year. Currently the stock is 4.24 percent higher than its low, and 21.99 percent below the high. NGG has a price/earnings 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 market cap of NGG is $42.41 billion. NGG is estimated to release their earnings results for the quarter on 0000-00-00, days from today.