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National Grid Transco ( (NGG) ) just unveiled an update.
On December 11, 2025, National Grid plc announced the outcome of its audit tender process, resulting in the re-appointment of Deloitte LLP as its external auditor. This decision, pending shareholder approval, will see Deloitte continue in this role until the financial year ending March 2028. The process aligns with UK regulations requiring audit tenders every 10 years and rotations every 20 years, with Deloitte initially appointed in 2018. This strategic move ensures compliance and continuity in National Grid’s financial oversight.
The most recent analyst rating on (NGG) stock is a Buy with a $84.00 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 prominent utility company based in the United Kingdom, primarily engaged in the transmission and distribution of electricity and gas. The company operates within the energy sector, focusing on maintaining and enhancing the infrastructure necessary for efficient energy delivery.
Average Trading Volume: 645,621
Technical Sentiment Signal: Buy
Current Market Cap: $74.98B
For an in-depth examination of NGG stock, go to TipRanks’ Overview page.