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

National Grid plc (LON:NG) insider Andrew Agg purchased 12 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were purchased at an average cost of GBX 1,284 per share, for a total transaction of £154.08.

National Grid Stock Performance

Shares of LON NG opened at GBX 1,277.60 on Monday. The company’s fifty day moving average price is GBX 1,311.44 and its 200 day moving average price is GBX 1,229.61. National Grid plc has a 1 year low of GBX 645 and a 1 year high of GBX 1,145.50. The company has a market capitalization of £62.73 billion, a PE ratio of 20.99, a price-to-earnings-growth ratio of 2.06 and a beta of 0.62. The company has a debt-to-equity ratio of 123.46, a quick ratio of 0.34 and a current ratio of 0.97.

Analyst Ratings Changes

A number of analysts recently issued reports on NG shares. Deutsche Bank Aktiengesellschaft lowered their price target on shares of National Grid from GBX 1,430 to GBX 1,370 and set a “buy” rating on the stock in a report on Wednesday, April 1st. JPMorgan Chase & Co. lowered their price target on shares of National Grid from GBX 1,450 to GBX 1,440 and set an “overweight” rating on the stock in a report on Thursday. Citigroup increased their price target on shares of National Grid from GBX 1,149 to GBX 1,253 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Finally, Jefferies Financial Group downgraded shares of National Grid to a “hold” rating and set a GBX 1,410 price target on the stock. in a report on Wednesday, March 18th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,334.60.

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.