Added to YB: 2024-10-21
Pitch date: 2024-09-30
NGG [bullish]
National Grid plc
+13.57%
current return
Author Info
No bio for this author
Company Info
National Grid plc engages in the transmission and distribution of electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, New England, New York, National Grid Ventures, and Other segments.
Market Cap
GBP 58.0B
Pitch Price
GBP 65.98
Price Target
N/A
Dividend
3.99%
EV/EBITDA
13.65
P/E
20.07
EV/Sales
5.71
Sector
Multi-Utilities
Category
value
ClearBridge International Value Strategy New Position: National Grid plc
NGG: Added position in UK/US utility. AI & data centers to boost energy demand. Shares at historical discount, overlooking attractive long-term outlook, improved balance sheet, and favorable regulatory environments. Market undervaluing growth potential in energy transmission/distribution.
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