National Grid plc (LON:NG) insider Mike Westcott acquired 14 shares of the business’s stock in a transaction dated Friday, July 7th. The stock was purchased at an average cost of GBX 939 ($12.16) per share, with a total value of £131.46 ($170.28).

Shares of National Grid plc (NG) traded down 0.39% during mid-day trading on Monday, hitting GBX 931.10. 4,217,424 shares of the company’s stock were exchanged. National Grid plc has a 52 week low of GBX 888.90 and a 52 week high of GBX 1,127.34. The firm has a 50 day moving average price of GBX 1,050.47 and a 200-day moving average price of GBX 1,058.70. The company’s market capitalization is GBX 32.04 billion.

The company also recently announced a dividend, which will be paid on Wednesday, August 16th. Investors of record on Thursday, June 1st will be given a GBX 29.10 ($0.38) dividend. The ex-dividend date is Thursday, June 1st. This represents a yield of 2.74%.

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A number of equities research analysts recently issued reports on NG shares. Deutsche Bank AG restated a “sell” rating and issued a GBX 950 ($12.31) target price on shares of National Grid plc in a report on Monday, July 3rd. Goldman Sachs Group, Inc. (The) set a GBX 946 ($12.25) target price on shares of National Grid plc and gave the company a “sell” rating in a report on Friday, June 30th. Barclays PLC restated an “equal weight” rating and issued a GBX 1,075 ($13.92) target price on shares of National Grid plc in a report on Friday, May 12th. BNP Paribas restated a “neutral” rating and issued a GBX 1,000 ($12.95) target price on shares of National Grid plc in a report on Thursday, March 30th. Finally, Macquarie upgraded shares of National Grid plc to a “neutral” rating and boosted their target price for the company from GBX 880 ($11.40) to GBX 1,005 ($13.02) in a report on Friday, April 21st. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of GBX 1,026.21 ($13.29).

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.

Insider Buying and Selling by Quarter for National Grid plc (LON:NG)

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