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

National Grid plc (LON:NG) insider Andrew Agg purchased 13 shares of the company’s stock in a transaction that occurred on Wednesday, January 7th. The shares were purchased at an average cost of GBX 1,183 per share, with a total value of £153.79.

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

• On Monday, December 8th, Andrew Agg acquired 13 shares of National Grid stock. The stock was purchased at an average cost of GBX 1,139 per share, with a total value of £148.07.
• On Friday, November 7th, Andrew Agg purchased 13 shares of National Grid stock. The stock was acquired at an average price of GBX 1,159 per share, for a total transaction of £150.67.

National Grid Price Performance

NG opened at GBX 1,183 on Friday. The business has a fifty day moving average of GBX 1,146.23 and a 200 day moving average of GBX 1,093.39. The stock has a market cap of £58.08 billion, a P/E ratio of 19.44, a PEG ratio of 2.06 and a beta of 0.25. The company has a quick ratio of 0.34, a current ratio of 0.91 and a debt-to-equity ratio of 157.61. National Grid plc has a 52-week low of GBX 645 and a 52-week high of GBX 1,145.50.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Barclays reaffirmed an “overweight” rating and set a GBX 1,200 target price on shares of National Grid in a research report 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 investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, National Grid has a consensus rating of “Buy” and an average 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.