National Grid (LON:NG) Insider Buys 13 Shares of Stock

National Grid plc (LON:NG) insider Andrew Agg acquired 13 shares of the company’s stock in a transaction that occurred on Monday, September 7th. The stock was acquired at an average price of GBX 1,159 per share, with a total value of £150.67.

Andrew Agg also recently made the following trade(s):

• On Friday, August 7th, Andrew Agg purchased 12 shares of National Grid stock. The stock was acquired at an average cost of GBX 1,198 per share, with a total value of £143.76.
• On Tuesday, July 7th, Andrew Agg purchased 13 shares of National Grid stock. The stock was acquired at an average price of GBX 1,231 per share, with a total value of £160.03.
• On Monday, June 15th, Andrew Agg acquired 16,602 shares of National Grid stock. The stock was bought at an average price of GBX 1,203 per share, for a total transaction of £199,722.06.

National Grid Stock Down 0.2%

LON:NG traded down GBX 2 during midday trading on Tuesday, reaching GBX 1,149. The company had a trading volume of 4,737,168 shares. National Grid plc has a 12-month low of GBX 645 and a 12-month high of GBX 1,145.50. The firm has a market capitalization of £56.41 billion, a price-to-earnings ratio of 18.88, a PEG ratio of 2.06 and a beta of 0.59. The company has a current ratio of 0.76, a quick ratio of 0.34 and a debt-to-equity ratio of 118.97. The stock’s fifty day simple moving average is GBX 1,205.53 and its 200-day simple moving average is GBX 1,255.56.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on NG shares. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 1,375 price objective on shares of National Grid in a research report on Thursday, July 2nd. UBS Group reiterated a “sell” rating and issued a GBX 1,160 price target on shares of National Grid in a research note on Monday, May 11th. Finally, Jefferies Financial Group dropped their price objective on shares of National Grid from GBX 1,410 to GBX 1,300 and set a “hold” rating on the stock in a research report on Monday, August 3rd. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of GBX 1,299.71.

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.