National Grid (LON:NG) Insider John Pettigrew Acquires 13 Shares

National Grid plc (LON:NG) insider John Pettigrew acquired 13 shares of the stock in a transaction dated Tuesday, October 7th. The shares were purchased at an average price of GBX 1,084 per share, for a total transaction of £140.92.

John Pettigrew also recently made the following trade(s):

• On Monday, September 8th, John Pettigrew purchased 15 shares of National Grid stock. The stock was bought at an average cost of GBX 1,033 per share, for a total transaction of £154.95.

National Grid Price Performance

National Grid stock opened at GBX 1,092.50 on Thursday. The company has a debt-to-equity ratio of 157.61, a quick ratio of 0.34 and a current ratio of 0.91. The firm has a market cap of £53.64 billion, a P/E ratio of 17.95, a P/E/G ratio of 2.06 and a beta of 0.25. The business’s fifty day moving average is GBX 1,050.31 and its two-hundred day moving average is GBX 1,046.77. National Grid plc has a 52 week low of GBX 645 and a 52 week high of GBX 1,145.50.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reissued an “overweight” rating on shares of National Grid in a research report on Friday, October 3rd. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, National Grid presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,070.

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.