National Grid (LON:NG) Insider Acquires £147.81 in Stock

National Grid plc (LON:NG) insider Andrew Agg purchased 13 shares of National Grid stock in a transaction that occurred on Wednesday, October 7th. The stock was bought at an average cost of GBX 1,137 per share, with a total value of £147.81.

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

• On Monday, September 7th, Andrew Agg acquired 13 shares of National Grid stock. The stock was bought at an average price of GBX 1,159 per share, with a total value of £150.67.
• On Friday, August 7th, Andrew Agg acquired 12 shares of National Grid stock. The shares were purchased at an average cost of GBX 1,198 per share, for a total transaction of £143.76.

National Grid Stock Down 0.5%

NG opened at GBX 1,147 on Monday. The business’s 50-day simple moving average is GBX 1,160.10 and its 200-day simple moving average is GBX 1,219.85. The company has a debt-to-equity ratio of 118.97, a quick ratio of 0.34 and a current ratio of 0.76. National Grid plc has a one year low of GBX 645 and a one year high of GBX 1,145.50. The stock has a market capitalization of £56.31 billion, a P/E ratio of 18.84, a price-to-earnings-growth ratio of 2.06 and a beta of 0.59.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on NG shares. Jefferies Financial Group reissued a “hold” rating and issued a GBX 1,300 target price on shares of National Grid in a research report on Tuesday, October 6th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 1,375 price target on shares of National Grid in a research report on Thursday, July 2nd. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently 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.