News stories about National Grid (NYSE:NGG) have been trending positive this week, Accern reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. National Grid earned a media sentiment score of 0.30 on Accern’s scale. Accern also assigned media stories about the utilities provider an impact score of 46.5818640005826 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- [$$] National Grid struggles to get data to gauge electricity demand (finance.yahoo.com)
- National Grid plc (NGG) Shares Bought by Eagle Asset Management Inc. (americanbankingnews.com)
- National Grid plc (NGG) Given Average Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- National Grid plc (NGG): Analyst Detailing with Performance Analysis – Analyst Recommendation (press release) (blog) (analystrecommendation.com)
A number of equities analysts recently issued reports on the stock. JPMorgan Chase & Co. reiterated a “buy” rating on shares of National Grid in a research report on Wednesday, November 15th. Credit Suisse Group upgraded shares of National Grid from an “underperform” rating to a “neutral” rating in a research report on Monday, November 27th. Zacks Investment Research cut shares of National Grid from a “buy” rating to a “hold” rating in a research report on Saturday, January 13th. ValuEngine upgraded shares of National Grid from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Finally, BNP Paribas upgraded shares of National Grid from a “neutral” rating to an “outperform” rating in a research report on Monday, January 29th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $67.00.
About National Grid
National Grid plc is an electricity and gas utility company focused on transmission and distribution activities in electricity and gas in both the United Kingdom and the United States. The Company’s segments include UK Electricity Transmission, which is engaged in high voltage electricity transmission networks in Great Britain; UK Gas Transmission, which is the gas transmission network in Great Britain and United Kingdom liquefied natural gas (LNG) storage activities; UK Gas Distribution, which includes approximately four of the eight regional networks of Great Britain’s gas distribution system, and US Regulated, which includes gas distribution networks, electricity distribution networks and high voltage electricity transmission networks in New York, and New England and electricity generation facilities in New York.
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