Professional
Added to YB: 2024-10-30
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
growth
Artisan International Fund New Position: National Grid plc
NGG: UK/US utility investing £60B over 5 years to upgrade, expand & decarbonize grid. Launched renewables group, using AI & drones to predict failures. Unique position with essential assets to meet growing power demand. Leading energy transition with forward-thinking investments.
Read full article (1 min)