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National Grid Transco, Plc (NGG) [hlAlert]

up 16.25 %

National Grid Transco, Plc (NGG) upgraded to Overweight by HSBC Securities

Posted on: Friday,  Mar 22, 2013  8:25 AM ET by HSBC Securities

HSBC Securities rated Overweight National Grid Transco, Plc (NYSE: NGG) on 03/22/2013, when the stock price was $57.03.
Since then, National Grid Transco, Plc has gained 16.25% as of 08/27/2015's recent price of $66.30.
If you would have followed this HSBC Securities's recommendation on NGG, you would have gained 16.25% of your investment in 888 days.

National Grid plc (National Grid) is an international electricity and gas company. National Grid owns the high-voltage electricity transmission network in England and Wales and operates the system across Great Britain. It also owns and operates the high-pressure gas transmission system in Britain and its distribution business delivers gas to 11 million homes and businesses. In the United States, National Grid distributes electricity to approximately five million customers in Massachusetts, New Hampshire, New York and Rhode Island. National Grid also has a number of related businesses, such as liquefied natural gas (LNG) importation and storage, land remediation and metering. The Company's businesses include Transmission, Gas Distribution, Electricity Distribution and Generation, and Non-regulated Businesses.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/22/2013 8:25 AM Buy
as of 12/13/2013
1 Week up  0.13 %
1 Month down  -1.42 %
3 Months up  5.25 %
1 YTD up  7.90 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/7/2013 8:25 AM Hold
6/1/2010 8:25 AM Hold
12/2/2008 8:25 AM Buy

(*) Stock Price at the time of the recommendation.
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