Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Investing

National Grid Share Price: Share Forecast & Price Target

by August 13, 2024
August 13, 2024
National Grid Share Price: Share Forecast & Price Target

National Grid Share Price: Buy or Sell?

Imagine an ultra-powerful network spanning the entire country, enabling wind, solar, and traditional power plants to supply electricity to distant homes and businesses. This national network, known as the National Grid, represents the primary electricity transmission system of the UK. The National Grid share price today stands at £987.60, reflecting a slight increase of 0.78%.

National Grid was the first major energy company to set a stringent target of becoming carbon neutral by 2033. This goal is well ahead of the UK’s broader target of 2050. The company’s proactive approach continues to influence its share price and the broader energy market.

National Grid’s infrastructure is remarkable, especially the impressive Dinorwig Power Station. This facility provides a 1.7 GW power supply and boasts several hours of storage capacity. As a result, National Grid plc has become one of the most significant investor-owned utility companies worldwide. Furthermore, its shares hold a respectable place on the London Stock Exchange’s FTSE 100 Index. Additionally, the company’s stocks are also traded on the New York Stock Exchange.

National Grid Share Price Forecast & Price Target

Wall Street analysts are highly optimistic about the future of National Grid’s stock price. They predict a bright future for the company, with its shares expected to perform well in the coming months. 

Selling at an average cost of 1,119.45p over the next 12 months, it is observed that there would certainly be an increment in value where the stock would be worth £13.58 more than the stock at the current price of 985.40p. Also, some of the bulls think that it could even climb as high as 1,200.00p, while the bears are convinced that it will “dive” down to 985.00p.

Given the positive outlook and strong performance expectations, National Grid plc continues to stand out as an attractive stock for investors. Analysts have given it a “Strong Buy” rating, with nine buy recommendations and zero sell recommendations. Also, the projected price target suggests a potential 14.16% increase in value, reinforcing the stock’s appeal as a reliable and promising investment.

NG/GBX 5-Day Chart

National Grid Share Price Prediction: Buy or Sell?

National Grid plc continues to stand out as an attractive stock for investors as they keep tracking the securities, which will be available until 2025. This projection suggests a 4.71% increase, indicating that the company is on an upward trajectory.

Under these terms, finding a financial heaven on earth needs people to get with the NG share because this stock impressively is a steady, predictable performer, thus it becomes a standout stock that should watch.

The Shareholders List of National Grid plc

National Grid’s significant shareholders include some of the largest and most influential investment management firms globally. As of the latest data, the major shareholders are:

JPMorgan Investment Management, Inc. 3.685% 
The Vanguard Group, Inc. 3.309%
BlackRock Fund Advisors 2.445%

How Can I Buy Shares of National Grid NG?

If you want to invest in one of the UK’s largest firms in the utility industry, buying National Grid (NG) stocks is straightforward. First, check out our list of reliable brokers and choose one that suits your needs. Then, open a brokerage account, research the stock’s market performance, decide on your investment amount, place your order, and monitor your investment to stay informed. Also, don’t forget to explore our recommended forex brokers for additional investment opportunities.

Given the company’s solid track record and strategic initiatives towards sustainability, investing in National Grid shares could be a prudent decision. Keep an eye on market trends and financial updates to stay informed and make the most of your investment. As always, consult with a financial advisor to ensure your investment strategy aligns with your financial goals.

The post National Grid Share Price: Share Forecast & Price Target appeared first on FinanceBrokerage.

0
FacebookTwitterGoogle +Pinterest
previous post
Stellar and Bitcoin Cash: Stellar in lateral consolidation
next post
Ripple and Tron: Tron in pullback since Saturday

You may also like

ApeCoin and Akita Inu: ApeCoin slipped below the...

October 17, 2024

USDCHF and USDJPY: New lows for both pairs...

September 16, 2024

NVO Stock: Pprice prediction and financial highlights

August 29, 2024

Bitcoin & Ethereum Analysis: BTC Hits High, ETH...

November 12, 2024

Truth Social Stock Price: Trump’s Return to X

August 27, 2024

S&P 500 and Nasdaq: Nasdaq rises to new...

August 9, 2024

FTSE All Share Index: The UK’s Market Barometer

August 22, 2024

USDCAD and USDCNH: USDCAD continues to slide to...

August 22, 2024

The Euro index has a new opportunity to...

September 5, 2024

Bitcoin price under new pressure at the start...

August 12, 2024

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • State Department to begin mass layoffs of about 1,800 employees in coming days

      July 11, 2025
    • Duffy just got an additional job in Trump’s administration, and he’s not the only one wearing multiple hats

      July 11, 2025
    • Duffy just got an additional job in Trump’s administration — and he’s not the only one wearing multiple hats

      July 10, 2025
    • ‘It will happen quickly’: State Dept poised to act after Supreme Court green-lights agency layoffs

      July 10, 2025
    • Hegseth tears up red tape, orders Pentagon to begin drone surge at Trump’s command

      July 10, 2025
    • SCOOP: Sen Ron Johnson readies subpoenas for FBI, DOJ in Butler shooting probe

      July 10, 2025

    Categories

    • Business (714)
    • Investing (661)
    • Politics (4,862)
    • World News (3,213)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 WhaleLargeCapital.com | All Rights Reserved