Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
National Grid Transco ( (NGG) ) has provided an update.
On 23 January 2026, National Grid plc and its subsidiary National Grid Electricity Transmission plc announced the publication of a supplementary prospectus approved by the UK Financial Conduct Authority for their €20 billion Euro Medium Term Note Programme, originally established under a prospectus dated 19 August 2025. The supplementary document, now available via the London Stock Exchange and the FCA’s National Storage Mechanism, updates the existing debt issuance framework under which National Grid can continue to access European capital markets, supporting its ongoing financing needs for network investment and reinforcing its position as a frequent issuer in the euro-denominated bond market.
The most recent analyst rating on (NGG) stock is a Buy with a $85.50 price target. To see the full list of analyst forecasts on National Grid Transco stock, see the NGG Stock Forecast page.
Spark’s Take on NGG Stock
According to Spark, TipRanks’ AI Analyst, NGG is a Outperform.
National Grid Transco’s overall score reflects strong earnings call insights and technical momentum, balanced by financial performance challenges and moderate valuation. The company’s strategic investments and regulatory support are key strengths, while high capital expenditures and revenue pressures pose risks.
To see Spark’s full report on NGG stock, click here.
More about National Grid Transco
National Grid plc is a UK-based energy infrastructure company that owns and operates electricity and gas transmission networks, with a core focus on ensuring reliable power and energy delivery across Great Britain and, through affiliates, in parts of the U.S. regulated utilities market. Its operations centre on high-voltage electricity transmission and related financing activities, including the use of capital markets programmes to fund long-term infrastructure investment. National Grid Electricity Transmission plc is the principal licensed electricity transmission owner in England and Wales within the group.
Average Trading Volume: 617,061
Technical Sentiment Signal: Buy
Current Market Cap: $79.82B
See more insights into NGG stock on TipRanks’ Stock Analysis page.