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.

Many analysts weighed in on price targets for NGG. The most optimistic price target was 73.99, which equates to a potential upside of 18.14 percent. The lowest price target was 55.33, implying a possible loss of -11.66 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -0.12 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.

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 made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's 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. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. 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. The PEG ratio of NGG is 15.92.

NGG has a 52-week high of 80.28 and a 52-week low of 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 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 will post this quarters earnings in days, on 0000-00-00.