National Grid’s (NG) “Hold” Rating Reiterated at Jefferies Financial Group

National Grid (LON:NG)‘s stock had its “hold” rating reiterated by investment analysts at Jefferies Financial Group in a research note issued on Tuesday, Digital Look reports. They currently have a GBX 1,300 target price on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 13.04% from the stock’s previous close.

Separately, Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 1,375 price target on shares of National Grid in a research note on Thursday, July 2nd. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, National Grid currently has a consensus rating of “Hold” and a consensus price target of GBX 1,299.71.

National Grid Stock Performance

LON NG opened at GBX 1,150 on Tuesday. The company has a quick ratio of 0.34, a current ratio of 0.76 and a debt-to-equity ratio of 118.97. National Grid has a fifty-two week low of GBX 645 and a fifty-two week high of GBX 1,145.50. The business has a fifty day moving average of GBX 1,162.10 and a 200-day moving average of GBX 1,221.28. The stock has a market cap of £56.46 billion, a price-to-earnings ratio of 18.89, a price-to-earnings-growth ratio of 2.06 and a beta of 0.59.

Insider Transactions at National Grid

In related news, insider Zoe Yujnovich sold 66,930 shares of National Grid stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of GBX 1,156, for a total value of £773,710.80. 0.18% of the stock is owned by corporate insiders.

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.