National Grid (LON:NG) Given “Hold” Rating at Deutsche Bank Aktiengesellschaft

National Grid (LON:NGGet Rating)‘s stock had its “hold” rating restated by analysts at Deutsche Bank Aktiengesellschaft in a report issued on Friday, MarketBeat.com reports. They presently have a GBX 1,220 ($15.04) price objective on the stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 1.08% from the company’s previous close.

Separately, Morgan Stanley restated an “equal weight” rating on shares of National Grid in a research report on Wednesday, May 11th.

Shares of NG stock opened at GBX 1,207 ($14.88) on Friday.

In other National Grid news, insider Tony Wood acquired 2,000 shares of the stock in a transaction on Thursday, May 19th. The shares were bought at an average price of GBX 1,229 ($15.15) per share, with a total value of £24,580 ($30,300.79).

National Grid Company Profile (Get Rating)

National Grid plc transmits and distributes electricity and natural gas. It operates through UK Electricity Transmission, UK Gas Transmission, US Regulated, and National Grid Ventures (NGV) and Other segments. The UK Electricity Transmission segment owns and operates electricity transmission networks, which comprise approximately 7,236 kilometers of overhead lines.

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