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.

Several price targets were given for NGG by the analysts covering the stock. The most optimistic price target was 73.99, which equates to a potential upside of 18.14 percent. The minimum price target given was 55.33, which equates to a potential downside of -11.66 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

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. 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.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

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. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, 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 lower than its 52-week 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 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.