LSE:NG.Integrated Utilities
National Grid (LSE:NG.): Revisiting Valuation After a Strong Year of Defensive Outperformance
National Grid (LSE:NG.) has quietly outperformed over the past year, delivering a 23% total return while defensive utilities were out of favour. That raises a simple question for income investors: can this run continue?
See our latest analysis for National Grid.
That steady climb has not been a straight line, but the 19% year to date share price return, backed by an 80% five year total shareholder return, suggests momentum is still very much on National Grid’s side as investors reassess its...