Andrew R. J. Bonfield Buys 15 Shares of National Grid plc (NG) Stock
National Grid plc (LON:NG) insider Andrew R. J. Bonfield acquired 15 shares of the business’s stock in a transaction on Friday, October 7th. The shares were bought at an average price of GBX 1,045 ($12.93) per share, with a total value of £156.75 ($194.00).
Shares of National Grid plc (LON:NG) opened at 1057.50 on Tuesday. National Grid plc has a 1-year low of GBX 890.60 and a 1-year high of GBX 1,148.00. The firm’s 50 day moving average is GBX 1,068.38 and its 200-day moving average is GBX 1,036.11. The company’s market cap is GBX 39.62 billion.
Several brokerages have issued reports on NG. Credit Suisse Group AG raised their price objective on shares of National Grid plc from GBX 820 ($10.15) to GBX 840 ($10.40) and gave the stock an “underperform” rating in a research report on Wednesday, July 27th. BNP Paribas restated an “underperform” rating and set a GBX 830 ($10.27) price objective on shares of National Grid plc in a research report on Wednesday, July 27th. Barclays PLC restated an “overweight” rating and set a GBX 1,175 ($14.54) price objective on shares of National Grid plc in a research report on Tuesday, October 4th. Royal Bank Of Canada downgraded shares of National Grid plc to a “sector performer” rating and raised their price objective for the stock from GBX 1,000 ($12.38) to GBX 1,080 ($13.37) in a research report on Friday, July 29th. Finally, JPMorgan Chase & Co. raised their price objective on shares of National Grid plc from GBX 1,050 ($13.00) to GBX 1,150 ($14.23) and gave the stock an “overweight” rating in a research report on Friday, July 22nd. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of GBX 996 ($12.33).
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About National Grid plc
National Grid plc is an electricity and gas utility company focused on transmission and distribution activities in electricity and gas in both the United Kingdom and the United States. The Company’s segments include UK Electricity Transmission, which is engaged in high voltage electricity transmission networks in Great Britain; UK Gas Transmission, which is the gas transmission network in Great Britain and United Kingdom liquefied natural gas (LNG) storage activities; UK Gas Distribution, which includes approximately four of the eight regional networks of Great Britain’s gas distribution system, and US Regulated, which includes gas distribution networks, electricity distribution networks and high voltage electricity transmission networks in New York, and New England and electricity generation facilities in New York.
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