Below are the valuation targets for National Grid Plc (NG.L) for the next 10 years.
Our valuation targets for National Grid Plc (NG.L) in 2021 are:
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1,433.25 (overvalued)
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1,231.13 (fair value)
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1,029.00 (undervalued)
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833.00 (extreme undervalue)
The valuation targets for National Grid Plc (NG.L) are based on a dividend growth rate of 5.45% and applied to Edson Gould’s Altimeter. A graphical representation of the overvalued, fair value, and undervalued levels are below.
The above Altimeter translates into the following undervalued and overvalued ranges since 1996:
10-Year Targets
Observations
National Grid Plc (NG.L) has an expected price range of 1,206.58 to 1,868.77 by 2024-2026.
The level of the stock price can generally be attributed to the threat of being nationalized. The prices above reflects if the company was not under such a threat.
Last updated: February 19, 2021
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