National Grid PLC (NGG) Stock AnalysisNGGStock AnalysisNational Grid PLC

National Grid plc is a United Kingdom-based energy company. The Company's principal activities involve the transmission and distribution of electricity in Great Britain and of electricity and gas in the northeastern United States. Its segments include UK Electricity Transmission, UK Electricity Distribution, New England, New York and National Grid Ventures. The UK Electricity Transmission segment includes the high-voltage electricity transmission networks in England and Wales. The UK Electricity Distribution segment includes electricity distribution networks of NGED in the East Midlands, West Midlands and South West of England and South Wales. The New England segment includes electricity distribution networks, high-voltage electricity transmission networks and gas distribution networks in New England. The New York segment includes electricity distribution networks, high-voltage electricity transmission networks and gas distribution networks in New York. It operates in the Utilities sector (NATURAL GAS TRANSMISSION industry).

National Grid PLC (NGG) is currently priced at 79.35, with a forward P/E ratio of 13.19, indicating it is fairly valued compared to its earnings potential. However, the RSI is at 34.72, suggesting it is nearing oversold territory, which could indicate a potential rebound. The main risk is the recent 5-day price change of -0.51%, indicating a slight downward trend.

1 analysts cover NGG: 1 rate it Buy, 0 Hold and 0 Sell. The average price target is 85.50.