National Grid plc (NYSE: NGG) is among the 15 Global Dividend Stocks to Diversify Your Portfolio. Morgan Stanley and JPMorgan have recently given the company Overweight ratings with price targets of $85.50 and 1,250 GBp, respectively. The company reported first-half adjusted profit that slightly exceeded market expectations.
National Grid plc (NYSE: NGG) has been reshaping its portfolio under CEO John Pettigrew, focusing on regulated electricity and gas networks. The company reaffirmed its medium-term outlook, expecting 6-8% annual growth in earnings per share. It posted underlying operating profit of £2.29 billion for the six months ended September 30.
National Grid plc (NYSE: NGG) operates energy systems in Britain as well as electricity and gas businesses in New York and Massachusetts. While NGG offers investment potential, some AI stocks may have greater upside. Investors can find more information on undervalued AI stocks in a free report.
Overall, National Grid plc (NYSE: NGG) has shown strong financial performance and strategic focus on regulated energy networks. Investors looking for exposure to the energy sector may find NGG as a potential investment opportunity.
Read more at Yahoo Finance: Dual Overweight Calls Put National Grid (NGG) Back in Focus
