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Stock impact report

Engie: 94% Returns Since 2025; Looking At 2026E (Rating Downgrade) [Seeking Alpha]

National Grid Transco, PLC National Grid PLC (NEW) American Depositary Shares (NGG) 
US:NYSE Investor Relations: investors.nationalgrid.com
Company Research Source: Seeking Alpha
Current market optimism, driven by macro trends and AI/IT expectations, has pushed ENGIY to a 13x P/E despite low AEPS growth forecasts. I raise my price target to €19.5/share but downgrade ENGIY to 'Hold,' citing excessive valuation and limited upside at current levels. With a strong yield and de-risked profile, ENGIY remains fundamentally sound, yet rotation is warranted until valuation normalizes below €20/share. Jean-Marc Pierard/iStock Editorial via Getty Images It's been a very good year for utility investments. I recently covered and updated my thesis on National Grid ( NGG ), now I'm going to cover and update my thesis on the French This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of ENGIY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationsh Show less Read more
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