NATL GRID -ADR (NGG) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of NATL GRID -ADR (NGG) from NEUTRAL to UNDERPERFORM on May 21, 2013, with a target price of $62.20.

NATIONAL GRID -ADR is an international energy delivery business, whose principal activities are in the regulated electricity and gas industries. They own and operate the high-voltage electricity transmission network in England and Wales, and Britain's natural gas transportation system. In the US they are one of the top ten electricity companies, with the largest electricity transmission and distribution network in the New England/New York region.

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