National Grid (LON:NG) Insider Andrew Agg Buys 12 Shares of Stock

National Grid plc (LON:NG) insider Andrew Agg purchased 12 shares of National Grid stock in a transaction dated Monday, February 9th. The shares were purchased at an average cost of GBX 1,284 per share, for a total transaction of £154.08.

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

• On Wednesday, January 7th, Andrew Agg acquired 13 shares of National Grid stock. The stock was purchased at an average cost of GBX 1,183 per share, with a total value of £153.79.
• On Monday, December 8th, Andrew Agg purchased 13 shares of National Grid stock. The stock was acquired at an average price of GBX 1,139 per share, with a total value of £148.07.

National Grid Stock Up 0.1%

Shares of NG traded up GBX 1 during midday trading on Tuesday, hitting GBX 1,286. The company had a trading volume of 9,972,311 shares. The company has a debt-to-equity ratio of 157.61, a quick ratio of 0.34 and a current ratio of 0.91. National Grid plc has a 1 year low of GBX 645 and a 1 year high of GBX 1,145.50. The firm has a market capitalization of £63.14 billion, a P/E ratio of 21.13, a P/E/G ratio of 2.06 and a beta of 0.25. The company’s 50-day simple moving average is GBX 1,172.19 and its 200-day simple moving average is GBX 1,117.75.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of National Grid from GBX 1,150 to GBX 1,250 and gave the company a “buy” rating in a research report on Monday, January 19th. JPMorgan Chase & Co. raised their price objective on National Grid from GBX 1,225 to GBX 1,250 and gave the company an “overweight” rating in a research note on Friday, December 5th. Barclays reaffirmed an “overweight” rating and issued a GBX 1,200 price target on shares of National Grid in a report on Thursday, October 16th. Finally, Citigroup upped their price objective on National Grid from GBX 1,150 to GBX 1,200 and gave the company a “neutral” rating in a research report on Monday, January 26th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, National Grid has an average rating of “Moderate Buy” and an average price target of GBX 1,225.

About National Grid

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.