Key Points
- Andrew Agg bought 12 shares of National Grid on Feb 9 at an average price of GBX 1,284 (total £154.08) and previously purchased 13 shares on Jan 7 (GBX 1,183) and 13 on Dec 8 (GBX 1,139), totaling 38 shares in recent months.
- Analysts have a consensus rating of “Moderate Buy” with a consensus price target of GBX 1,225, and several firms (JPMorgan, Deutsche Bank, Barclays, Citi) recently raised targets into the GBX 1,200–1,250 range.
- Key metrics: market cap £63.14 billion, P/E 21.13, 50-day/200-day moving averages of GBX 1,175 and GBX 1,119 respectively, and a beta of 0.25.
National Grid plc (LON:NG - Get Free Report) insider Andrew Agg purchased 12 shares of the stock in a transaction dated Monday, February 9th. The stock was acquired 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 acquired 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 acquired at an average cost of GBX 1,139 per share, for a total transaction of £148.07.
National Grid Stock Performance
Shares of LON NG opened at GBX 1,286 on Wednesday. National Grid plc has a 12 month low of GBX 645 and a 12 month high of GBX 1,145.50. The company has a market cap of £63.14 billion, a P/E ratio of 21.13, a P/E/G ratio of 2.06 and a beta of 0.25. The business's 50 day moving average is GBX 1,175.03 and its two-hundred day moving average is GBX 1,119.34. The company has a quick ratio of 0.34, a current ratio of 0.91 and a debt-to-equity ratio of 157.61.
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on the stock. JPMorgan Chase & Co. increased their price target on shares of 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 objective on shares of National Grid in a research report on Thursday, October 16th. Deutsche Bank Aktiengesellschaft lifted their target price on National Grid from GBX 1,150 to GBX 1,250 and gave the stock a "buy" rating in a research report on Monday, January 19th. Finally, Citigroup boosted their price target on National Grid from GBX 1,150 to GBX 1,200 and gave the company a "neutral" rating in a research note on Monday, January 26th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,225.
Read Our Latest Stock Report on NG
National Grid Company Profile
(
Get Free Report)
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.
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