Broker Recommendations

Jefferies reiterates 'buy' on National Grid, trims price target

By Abigail Townsend

Date: Friday 31 May 2024

(Sharecast News) - Jefferies trimmed its price target on National Grid on Friday as it reiterated its 'buy' rating on the energy infrastructure firm.
The broker said the London-listed firm's stock had underperformed since it announced a near £7bn rights issue at last week's full-year results.

But it continued: "We...

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