Barclays reinstated coverage of National Grid with an Overweight rating and 1,300 GBp price target. The analyst expects the upcoming regulatory review for the water sector to see a rise in base allowed returns, supporting balance sheets and a rise in capex.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on NGG:
