RBC Capital Markets has downgraded National Grid PLC (LSE:NG.) to 'sector perform' from 'outperform', lowering its price target to 1,050p from 1,120p.
National Grid plc (NYSE:NGG ) Q4 2025 Earnings Conference Call May 15, 2025 4:15 AM ET Company Participants Angela Broad - Director of Investor Relations John Pettigrew - Chief Executive Officer Andy Agg - Chief Financial Officer Conference Call Participants Dominic Nash - Barclays Bank Sarah Lester - Morgan Stanley Pavan Mahbubani - JPMorgan Chase & Co Mark Freshney - UBS Ahmed Farman - Jefferies Deepa Venkateswaran - Sanford C. Bernstein & Co. Marcin Wojtal - BofA Securities Angela Broad Good morning, and welcome to National Grid's Full-Year Results Presentation.
National Grid PLC's (LSE:NG.) dividend will come in 20% below where it was a year ago, but up 3% on an underlying basis, as the network operator completed the first year of its current five-year financial framework.
After a strong run, UBS thinks National Grid PLC (LSE:NG.) has run out of steam.
National Grid PLC (LSE:NG.) has proposed a higher return on equity to reflect increased capital investment for its Upstate New York electric and natural gas distribution business Niagara Mohawk Power Corporation (NIMO).
Does National Grid (NGG) have what it takes to be a top stock pick for momentum investors? Let's find out.
NGG's positive movement in earnings estimates, planned capital expenditure to improve infrastructure and demand from new customers make it a strong pick.
National Grid PLC (LSE:NG.) said its financial performance for the past year to March was in line with guidance provided at its interims, on a constant currency basis.
Heathrow — Europe's busiest airport — closed down on Friday for most of the day after a fire broke out at a nearby electrical substation. In comments first reported by the Financial Times on Sunday, National Grid CEO John Pettigrew said two other substations supplying power to Heathrow had been operating as normal on Friday.
Britain's National Grid on Thursday said it had been awarded two parts of a 59 billion pound($76.36 billion) high voltage direct current supply chain framework to support key energy projects in the UK.
National Grid PLC has announced the sale of its US onshore renewable energy division for US$1.7 billion (£1.3 billion). Brookfield Asset Management had agreed to buy the business, which develops and operates solar, onshore wind and battery storage projects, a statement said on Monday.
National Grid PLC (LSE:NG.) has been upgraded to 'buy' (from neutral) by US bank Citi after weakness for the power distributor due to the macro uncertainty currently.