Andrew Agg Acquires 13 Shares of National Grid (LON:NG) Stock

National Grid plc (LON:NG) insider Andrew Agg bought 13 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The stock was purchased at an average cost of GBX 1,139 per share, for a total transaction of £148.07.

Andrew Agg also recently made the following trade(s):

• On Friday, November 7th, Andrew Agg purchased 13 shares of National Grid stock. The shares were purchased at an average cost of GBX 1,159 per share, with a total value of £150.67.
• On Tuesday, October 7th, Andrew Agg purchased 14 shares of National Grid stock. The shares were purchased at an average price of GBX 1,084 per share, with a total value of £151.76.

National Grid Stock Performance

National Grid stock opened at GBX 1,129 on Thursday. The company has a market cap of £55.43 billion, a price-to-earnings ratio of 18.55, a price-to-earnings-growth ratio of 2.06 and a beta of 0.25. National Grid plc has a 12 month low of GBX 645 and a 12 month high of GBX 1,145.50. The company has a debt-to-equity ratio of 157.61, a current ratio of 0.91 and a quick ratio of 0.34. The stock’s 50-day moving average is GBX 1,135.01 and its 200-day moving average is GBX 1,079.94.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on NG shares. Barclays reiterated an “overweight” rating and set a GBX 1,200 price objective on shares of National Grid in a research note on Thursday, October 16th. JPMorgan Chase & Co. upped their price target on shares of National Grid from GBX 1,225 to GBX 1,250 and gave the stock an “overweight” rating in a research report on Friday, December 5th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, National Grid has a consensus rating of “Buy” and an average target price of GBX 1,225.

National Grid Company Profile

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.