Key Points
- Insider purchase: National Grid insider Andrew Agg bought 12 shares on May 7 at GBX 1,284 each, totaling £154.08.
- Stock snapshot: National Grid shares recently opened at GBX 1,277.60, with the company carrying a high debt-to-equity ratio of 123.46 and a market cap of £62.73 billion.
- Analyst sentiment: Analysts are mixed on the stock, with a consensus rating of Hold and an average target price of GBX 1,305.50.
National Grid plc (LON:NG - Get Free Report) insider Andrew Agg purchased 12 shares of the stock in a transaction dated Thursday, May 7th. The shares were purchased at an average cost of GBX 1,284 per share, for a total transaction of £154.08.
National Grid Stock Performance
NG stock opened at GBX 1,277.60 on Tuesday. The company has a debt-to-equity ratio of 123.46, a current ratio of 0.97 and a quick ratio of 0.34. National Grid plc has a 1 year low of GBX 645 and a 1 year high of GBX 1,145.50. The company has a market cap of £62.73 billion, a P/E ratio of 20.99, a price-to-earnings-growth ratio of 2.06 and a beta of 0.62. The stock's fifty day moving average price is GBX 1,307.33 and its 200-day moving average price is GBX 1,231.67.
Analyst Upgrades and Downgrades
NG has been the topic of several research reports. Citigroup raised their target price on National Grid from GBX 1,149 to GBX 1,253 and gave the stock a "neutral" rating in a research report on Tuesday, April 28th. UBS Group reiterated a "sell" rating and issued a GBX 1,160 price objective on shares of National Grid in a research note on Monday. Jefferies Financial Group downgraded shares of National Grid to a "hold" rating and set a GBX 1,410 price objective on the stock. in a report on Wednesday, March 18th. JPMorgan Chase & Co. cut their target price on shares of National Grid from GBX 1,450 to GBX 1,440 and set an "overweight" rating for the company in a research report on Thursday, May 7th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on shares of National Grid from GBX 1,430 to GBX 1,370 and set a "buy" rating for the company in a report on Wednesday, April 1st. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, National Grid presently has a consensus rating of "Hold" and a consensus target price of GBX 1,305.50.
Read Our Latest Report on National Grid
About National Grid
(
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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