National Grid (LON:NG) Insider Buys £298,307.91 in Stock

National Grid plc (LON:NG) insider Zoe Yujnovich purchased 24,797 shares of National Grid stock in a transaction that occurred on Monday, June 15th. The stock was acquired at an average price of GBX 1,203 per share, with a total value of £298,307.91.

National Grid Stock Performance

National Grid stock remained flat at GBX 1,209 during midday trading on Tuesday. 11,225,331 shares of the company’s stock traded hands. The company has a debt-to-equity ratio of 118.97, a quick ratio of 0.34 and a current ratio of 0.76. The stock has a market cap of £59.36 billion, a PE ratio of 19.86, a price-to-earnings-growth ratio of 2.06 and a beta of 0.60. National Grid plc has a 52 week low of GBX 645 and a 52 week high of GBX 1,145.50. The business has a 50-day moving average price of GBX 1,267.82 and a 200 day moving average price of GBX 1,246.

National Grid (LON:NG) last announced its earnings results on Thursday, May 14th. The company reported GBX 78 EPS for the quarter. National Grid had a net margin of 18.32% and a return on equity of 8.47%. The business had revenue of GBX 1,768.70 billion during the quarter. On average, equities research analysts forecast that National Grid plc will post 66.9851952 EPS for the current fiscal year.

Analysts Set New Price Targets

NG has been the subject of several analyst reports. UBS Group reaffirmed a “sell” rating and set a GBX 1,160 price objective on shares of National Grid in a research note on Monday, May 11th. Citigroup boosted their target price on National Grid from GBX 1,149 to GBX 1,253 and gave the company a “neutral” rating in a report on Tuesday, April 28th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 1,410 price target on shares of National Grid in a report on Friday, May 15th. JPMorgan Chase & Co. lowered their price objective on shares of National Grid from GBX 1,450 to GBX 1,440 and set an “overweight” rating on the stock in a research report on Thursday, May 7th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of National Grid from GBX 1,430 to GBX 1,370 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, National Grid has an average rating of “Hold” and an average target price of GBX 1,315.43.

National Grid Company Profile

National Grid plc transmits and distributes electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in Midlands, and South West of England and South Wales.