National Grid plc (LON:NG - Get Free Report) insider John Pettigrew purchased 14 shares of the business's stock in a transaction that occurred on Tuesday, May 7th. The stock was bought at an average price of GBX 1,089 ($13.68) per share, for a total transaction of £152.46 ($191.53).
National Grid Trading Up 0.5 %
Shares of NG opened at GBX 1,101.50 ($13.84) on Thursday. The company's 50 day simple moving average is GBX 1,049.33 and its two-hundred day simple moving average is GBX 1,036.49. The company has a current ratio of 0.93, a quick ratio of 0.34 and a debt-to-equity ratio of 156.83. The stock has a market cap of £40.98 billion, a P/E ratio of 1,587.68, a price-to-earnings-growth ratio of 3.37 and a beta of 0.29.
Wall Street Analyst Weigh In
Several analysts recently weighed in on NG shares. Royal Bank of Canada restated an "outperform" rating and issued a GBX 1,250 ($15.70) price target on shares of National Grid in a research note on Tuesday, April 30th. Jefferies Financial Group reiterated a "buy" rating and set a GBX 1,330 ($16.71) target price on shares of National Grid in a research note on Friday, April 19th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, National Grid currently has an average rating of "Moderate Buy" and an average price target of GBX 1,212 ($15.23).
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National Grid plc transmits and distributes electricity and gas. The company 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.
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