Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of February 28, 2026, National Grid plc (NGG) has a Wall Street consensus price target of $85.50, based on estimates from 20 covering analysts. With the stock currently trading at $93.77, this represents a potential downside of -8.8%. The company has a market capitalization of $93.23B.
Analyst price targets range from a low of $85.50 to a high of $85.50, representing a 0% spread in expectations. The median target of $85.50 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 11 analysts rating the stock as a Buy or Strong Buy,8 rating it Hold, and 1 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, NGG trades at a trailing P/E of 23.6x and forward P/E of 23.1x. The forward PEG ratio of 2.23 reflects a premium valuation. Analysts expect EPS to grow -14.3% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $97.67, with bear and bull scenarios of $74.32 and $217.28 respectively. Model confidence stands at 44/100, suggesting limited visibility into future performance.
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Start ComparisonWall Street's consensus price target for NGG is $85.5, -8.8% from its current price of $93.77. The below-market target from 20 analysts suggests limited near-term appreciation.
NGG has a consensus rating of "Buy" based on 20 Wall Street analysts. The rating breakdown is predominantly bullish, with 11 Buy/Strong Buy ratings. The consensus 12-month price target of $85.5 implies -8.8% downside from current levels.
NGG trades at a forward P/E of 23.1451x, representing a moderate valuation. With analysts targeting $85.5 (-8.8% implied move), the stock appears close to fair value.
The most bullish Wall Street analyst has a price target of $85.5 for NGG, while the most conservative target is $85.5. The consensus of $85.5 represents the median expectation. Our quantitative valuation model projects a bull case target of $217 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
NGG is well covered by analysts, with 20 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 11 have Buy ratings, 8 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month NGG stock forecast based on 20 Wall Street analysts shows a consensus price target of $85.5, with estimates ranging from $85.5 (bear case) to $85.5 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $98, with bear/bull scenarios of $74/$217.
Our quantitative valuation model calculates NGG's fair value at $98 (base case), with a bear case of $74 and bull case of $217. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 44/100.
NGG trades at a forward P/E ratio of 23.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 23.6x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Analysts are cautious on NGG, with 1 Sell ratings and a price target of $85.5 (-8.8% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
NGG analyst price targets range from $85.5 to $85.5, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $85.5 consensus represents the middle ground. Our model's $74-$217 range provides an independent fundamental perspective.