Professional
Added to YB: 2025-01-24
Pitch date: 2024-12-31
NG.L [bullish]
National Grid plc
+23.48%
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 9.12
Price Target
N/A
Dividend
3.99%
EV/EBITDA
13.65
P/E
20.07
EV/Sales
5.71
Sector
Multi-Utilities
Category
N/A
Artisan International Fund Added On Position: National Grid plc
NG.L (increased position): UK/US utility, 15% op profit rise, 8% EPS growth H1 2024. Key in energy transition, improving grid efficiency & renewable integration. Unique position leveraging critical infrastructure for growing electricity demand. Some new projects face local opposition. Position increased.
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