National Grid (LON:NG) Stock Rating Reaffirmed by Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of National Grid (LON:NG) in a research note published on Friday, Marketbeat Ratings reports. They currently have a GBX 1,330 ($16.43) target price on the stock.

National Grid Stock Up 0.6 %

NG stock opened at GBX 1,046 ($12.92) on Friday. The company has a market cap of £38.91 billion, a P/E ratio of 1,507.25, a P/E/G ratio of 3.26 and a beta of 0.29. National Grid has a 52 week low of GBX 918 ($11.34) and a 52 week high of GBX 1,181 ($14.59). The company’s 50-day moving average price is GBX 1,039.87 and its 200 day moving average price is GBX 1,028.91. The company has a current ratio of 0.93, a quick ratio of 0.34 and a debt-to-equity ratio of 156.83.

National Grid Company Profile

National Grid plc transmits and distributes electricity and gas. The company 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.