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

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

National Grid Trading Up 0.5%

LON:NG opened at GBX 1,292 on Thursday. The company has a market cap of £63.43 billion, a P/E ratio of 21.23, a price-to-earnings-growth ratio of 2.06 and a beta of 0.25. National Grid plc has a twelve month low of GBX 645 and a twelve month high of GBX 1,145.50. The business has a 50 day moving average price of GBX 1,177.86 and a two-hundred day moving average price of GBX 1,120.55. The company has a quick ratio of 0.34, a current ratio of 0.91 and a debt-to-equity ratio of 157.61.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on NG. JPMorgan Chase & Co. raised their price objective on National Grid from GBX 1,225 to GBX 1,250 and gave the company an “overweight” rating in a report on Friday, December 5th. Barclays reaffirmed an “overweight” rating and set a GBX 1,200 price target on shares of National Grid in a research report on Thursday, October 16th. Deutsche Bank Aktiengesellschaft increased their price objective on National Grid from GBX 1,150 to GBX 1,250 and gave the company a “buy” rating in a report on Monday, January 19th. Finally, Citigroup boosted their target price 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. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, National Grid presently has a consensus rating of “Moderate Buy” and a consensus 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. The UK Electricity Distribution segment offers electricity distribution services in Midlands, and South West of England and South Wales.