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

National Grid plc (LON:NG) insider Andrew Agg purchased 13 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The stock was bought at an average price of GBX 1,139 per share, for a total transaction of £148.07.

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

• On Friday, November 7th, Andrew Agg acquired 13 shares of National Grid stock. The shares were bought at an average cost of GBX 1,159 per share, with a total value of £150.67.
• On Tuesday, October 7th, Andrew Agg bought 14 shares of National Grid stock. The stock was bought at an average cost of GBX 1,084 per share, for a total transaction of £151.76.

National Grid Stock Performance

Shares of LON NG traded up GBX 1 during mid-day trading on Tuesday, hitting GBX 1,135.50. 4,842,560 shares of the company were exchanged. The stock has a 50 day simple moving average of GBX 1,132.20 and a 200-day simple moving average of GBX 1,079.19. 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 quick ratio of 0.34, a current ratio of 0.91 and a debt-to-equity ratio of 157.61. The firm has a market cap of £55.75 billion, a price-to-earnings ratio of 18.66, a price-to-earnings-growth ratio of 2.06 and a beta of 0.25.

Wall Street Analyst Weigh In

Several research firms recently issued reports on NG. JPMorgan Chase & Co. increased their price target on shares of National Grid from GBX 1,225 to GBX 1,250 and gave the stock an “overweight” rating in a report on Friday. Barclays restated an “overweight” rating and issued a GBX 1,200 price target on shares of National Grid in a research note on Thursday, October 16th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 1,225.

National Grid Company Profile

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.