Consensus National Grid plc

Equities

Market Closed - London S.E. Other stock markets 16:35:17 13/02/2026 GMT			5-day change	1st Jan Change
1,366.00 ^GBX	+1.00%		+6.30%	+19.67%

02-11	European Equities Traded in the US as American Depositary Receipts Slightly Higher in Wednesday Trading	MT
02-10	National Grid reports record power output on Long Island, Rockaways	RE

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02-10	NATIONAL GRID : Jefferies maintains a Buy rating	ZD
02-05	Berenberg cuts Fresnillo; Citi cuts Babcock	AN
01-23	Jefferies raises Severn Trent; Davy cuts Weir	AN
01-23	NATIONAL GRID : Jefferies reiterates its Buy rating	ZD
01-19	NATIONAL GRID : Deutsche Bank gives a Buy rating	ZD
01-19	Goldman Sachs ups targets for Schroders, LSEG	AN
01-19	NATIONAL GRID : Bernstein gives a Buy rating	ZD
01-09	Barclays Raises National Grid Price Target Amid Model Update	MT
01-09	NATIONAL GRID : JP Morgan reiterates its Buy rating	ZD
01-09	NATIONAL GRID : Barclays reiterates its Buy rating	ZD
01-09	Berenberg raises M&S; BofA cuts Barratt Redrow	AN
12-18	BofA: National Grid plc Still a Buy Despite 'Fast Money Conundrum'	MT
12-12	Morgan Stanley Initiates National Grid at Overweight	MT
12-12	NATIONAL GRID : Buy rating from JP Morgan	ZD
12-11	NATIONAL GRID : Receives a Buy rating from Bernstein	ZD
12-09	Deutsche Bank Research raises Relx to 'buy'	AN
12-05	JPMorgan likes Greggs; RBC cuts Bank of Ireland	AN
12-05	NATIONAL GRID : JP Morgan maintains a Buy rating	ZD
12-04	NATIONAL GRID : Gets a Buy rating from Barclays	ZD
12-04	UK stocks rise on boost from industrials and financials	RE
11-24	Sector Update: Energy Stocks Retreat Late Afternoon	MT
11-24	National Grid Shares Lower After BNP Paribas Exane Downgrade	MT
11-24	BNP Paribas Downgrades National Grid to Underperform, Reduces PT	MT
11-24	BNP Paribas Exane Downgrades National Grid to Underperform From Outperform, Adjusts PT to $70 From $83	MT
11-14	NATIONAL GRID : Bernstein reiterates its Buy rating	ZD

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

13.66GBP

Average target price

12.47GBP

Spread / Average Target

-8.73%

High Price Target

14.20GBP

Spread / Highest target

+3.95%

Low Price Target

10.70GBP

Spread / Lowest Target

-21.67%

JEFFERIES	Ahmed Farman
DEUTSCHE BANK RESEARCH	James Brand
BERNSTEIN RESEARCH	Deepa Venkateswaran
JPMORGAN	Javier Garrido
BARCLAYS	Dominic Nash
Morgan Stanley
BNP Paribas
BNP Paribas Exane
alphavalue	Pierre-Alexandre Ramondenc
UBS	Mark Freshney
GOLDMAN SACHS	Ajay Patel
RBC	Alexander Wheeler
Morningstar
AlphaValue/Baader Europe
RBC Capital Markets
Citigroup
Bernstein
Haitong International Research
Bank of America Securities/Merrill Lynch
BERENBERG	Andrew Fisher
Jefferies & Co.
Deutsche Bank Securities
Royal Bank of Canada
Societe Generale
Credit Suisse
Investec
HSBC
Berenberg Bank
Argus
DEUTSCHE BANK	James Brand
SOCIETE GENERALE (SOCGEN)