National Grid (LON:NG) Stock: Insider Andrew Agg Purchases 13 Shares

National Grid plc (LON:NG) insider Andrew Agg purchased 13 shares of the firm’s stock in a transaction that occurred on Wednesday, October 7th. The shares were bought at an average price of GBX 1,137 per share, with a total value of £147.81.

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

• On Monday, September 7th, Andrew Agg bought 13 shares of National Grid stock. The stock was bought at an average price of GBX 1,159 per share, with a total value of £150.67.
• On Friday, August 7th, Andrew Agg bought 12 shares of National Grid stock. The shares were bought at an average cost of GBX 1,198 per share, with a total value of £143.76.

National Grid Trading Up 0.2%

LON NG opened at GBX 1,152.50 on Friday. The company has a current ratio of 0.76, a quick ratio of 0.34 and a debt-to-equity ratio of 118.97. National Grid plc has a 1-year low of GBX 645 and a 1-year high of GBX 1,145.50. The firm’s fifty day simple moving average is GBX 1,160.74 and its 200-day simple moving average is GBX 1,220.42. The company has a market capitalization of £56.58 billion, a PE ratio of 18.94, a price-to-earnings-growth ratio of 2.06 and a beta of 0.59.

Analysts Set New Price Targets

NG has been the topic of a number of research reports. Jefferies Financial Group restated a “hold” rating and issued a GBX 1,300 price objective on shares of National Grid in a report on Tuesday. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 1,375 price objective on shares of National Grid in a research note on Thursday, July 2nd. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, National Grid has a consensus rating of “Hold” and a consensus price target of GBX 1,299.71.

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.