Shares of National Grid plc (LON:NG – Get Free Report) have been given a consensus rating of “Hold” by the six brokerages that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is GBX 1,316.33.
Separately, Jefferies Financial Group restated a “hold” rating and set a GBX 1,300 price target on shares of National Grid in a report on Tuesday, October 6th.
Insider Transactions at National Grid
In related news, insider Zoe Yujnovich sold 66,930 shares of National Grid stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of GBX 1,156, for a total transaction of £773,710.80. In the last three months, insiders have purchased 38 shares of company stock valued at $44,224. 0.18% of the stock is owned by company insiders.
National Grid Price Performance
Shares of NG opened at GBX 1,240.50 on Monday. The company has a quick ratio of 0.34, a current ratio of 0.76 and a debt-to-equity ratio of 118.97. The stock has a market cap of £60.90 billion, a PE ratio of 20.38, a PEG ratio of 2.06 and a beta of 0.59. National Grid has a 12-month low of GBX 645 and a 12-month high of GBX 1,145.50. The business has a 50-day simple moving average of GBX 1,169.35 and a two-hundred day simple moving average of GBX 1,237.50.
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.
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