London close: Stocks rise after UK borrowing data, Nvidia results
21st Nov 2024 16:00
(Sharecast News) - London stocks ended Thursday on a positive note, as markets rebounded following quarterly results from US tech giant Nvidia and investor response to the latest UK government borrowing figures.
Read moreNational Grid H1 underlying profits grow despite modest revenue decline
7th Nov 2024 08:07
(Sharecast News) - Utility giant National Grid said on Thursday that underlying profits had grown in the six months ended 30 September despite reporting a modest decline in revenue.
Read moreLondon close: Stocks mixed as government borrowing rises
22nd Oct 2024 15:23
(Sharecast News) - London stocks saw a mixed performance on Tuesday, with investors digesting the latest data on government borrowing ahead of next week's Budget.
Read moreBerenberg lowers target price on National Grid
15th Oct 2024 09:16
(Sharecast News) - Analysts at Berenberg lowered their target price on utilities giant National Grid from 1,150.0p to 1,070.0p on Tuesday, stating the group would now be forced to deliver "a balancing act".
Read moreNational Grid expects additional £70m from ESO
3rd Oct 2024 07:44
(Sharecast News) - National Grid said it performed in line with expectations in its first half, though it registered an unexpected additional £70m contribution from the Electricity System Operator (ESO).
Read moreLondon close: Stocks finish higher as BoE holds rates
19th Sep 2024 16:03
(Sharecast News) - London stocks closed higher on Thursday, buoyed by the Bank of England's widely-expected decision to leave interest rates unchanged.
Read moreLondon close: Stocks finish firmer in subdued trading
13th Sep 2024 16:44
(Sharecast News) - London stocks closed in positive territory on Friday, bolstered by hopes of an interest rate cut in the United States, although the gains were modest as trading remained subdued.
Read moreNational Grid agrees £630m sale of Electricity System Operator with govt
13th Sep 2024 07:21
(Sharecast News) - National Grid announced on Friday that it has reached agreement with the UK government to sell the Electricity System Operator (ESO) for an enterprise value of £630m.
Read moreNational Grid sells final 20pc interest in National Gas
26th Jul 2024 11:13
(Sharecast News) - National Grid announced the sale of its final 20% equity interest in National Gas to its current majority owners on Friday, consisting of a consortium of long-term infrastructure investors led by Macquarie Asset Management.
Read moreDirector dealings: National Grid non-exec buys shares after capital raise
11th Jul 2024 16:02
(Sharecast News) - Earl Shipp, an independent non-executive director at National Grid, picked up some shares in the utilities group at the start of the third quarter.
Read moreLondon close: Stocks fall on EU inflation, US jobs data
2nd Jul 2024 17:24
(Sharecast News) - London stocks closed lower on Tuesday as investors digested eurozone inflation data and a modest increase in US job openings.
Read moreJPMorgan adds National Grid to 'analyst focus list'
2nd Jul 2024 10:48
(Sharecast News) - JPMorgan Cazenove added National Grid to its 'analyst focus list' on Tuesday, saying the company is well positioned to benefit from value-accretive networks growth at an attractive valuation, and with questions around the balance sheet answered after a £7bn equity raise.
Read moreCiti upgrades National Grid, cites attractive risk/reward
3rd Jun 2024 07:54
(Sharecast News) - Citi upgraded National Grid on Monday to 'buy' from 'neutral' and lifted the price target to 985p from 920p as it cited an attractive risk/reward.
Read moreJefferies reiterates 'buy' on National Grid, trims price target
31st May 2024 10:34
(Sharecast News) - Jefferies trimmed its price target on National Grid on Friday as it reiterated its 'buy' rating on the energy infrastructure firm.
Read moreLondon close: Stocks mixed after disappointing retail sales data
24th May 2024 15:19
(Sharecast News) - London stocks closed with mixed results on Friday, influenced by earlier declines in the US and Asian markets, as investors reacted to a larger-than-expected drop in UK retail sales.
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