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 minimum price target given was 55.33, implying potential capital losses of -11.66 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. 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, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, 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. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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. 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 will post this quarters earnings in days, on 0000-00-00.