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

National Grid plc (LON:NG) insider Andrew Agg bought 12 shares of the firm’s stock in a transaction on Monday, February 9th. The shares were bought at an average cost of GBX 1,284 per share, with a total value 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 shares were purchased at an average price of GBX 1,183 per share, with a total value of £153.79.
• On Monday, December 8th, Andrew Agg acquired 13 shares of National Grid stock. The shares were purchased at an average cost of GBX 1,139 per share, with a total value of £148.07.

National Grid Stock Performance

Shares of LON NG opened at GBX 1,286 on Wednesday. The company has a debt-to-equity ratio of 157.61, a current ratio of 0.91 and a quick ratio of 0.34. National Grid plc has a one year low of GBX 645 and a one year high of GBX 1,145.50. The business’s 50-day moving average price is GBX 1,175.03 and its two-hundred day moving average price is GBX 1,119.34. The company has a market capitalization of £63.14 billion, a P/E ratio of 21.13, a price-to-earnings-growth ratio of 2.06 and a beta of 0.25.

Analysts Set New Price Targets

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