National Grid (LON:NG) Insider Andrew Agg Acquires 12 Shares

National Grid plc (LON:NG) insider Andrew Agg bought 12 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was acquired at an average price 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 purchased 13 shares of National Grid stock. The shares were purchased at an average price of GBX 1,183 per share, for a total transaction of £153.79.
• On Monday, December 8th, Andrew Agg acquired 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

National Grid stock traded up GBX 1 during trading on Tuesday, hitting GBX 1,286. The stock had a trading volume of 9,972,311 shares. The stock’s 50 day moving average is GBX 1,172.19 and its two-hundred day moving average is GBX 1,117.75. National Grid plc has a 1 year low of GBX 645 and a 1 year high of GBX 1,145.50. The stock has a market cap of £63.14 billion, a price-to-earnings ratio of 21.13, a price-to-earnings-growth ratio of 2.06 and a beta of 0.25. 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 Analyst Weigh In

A number of research firms have weighed in on NG. Deutsche Bank Aktiengesellschaft raised their price target on National Grid from GBX 1,150 to GBX 1,250 and gave the company a “buy” rating in a research report on Monday, January 19th. Barclays reaffirmed an “overweight” rating and issued a GBX 1,200 target price on shares of National Grid in a research note on Thursday, October 16th. JPMorgan Chase & Co. boosted their price target on National Grid from GBX 1,225 to GBX 1,250 and gave the company an “overweight” rating in a report on Friday, December 5th. Finally, Citigroup upped their price objective on shares of National Grid from GBX 1,150 to GBX 1,200 and gave the stock a “neutral” rating in a report on Monday, January 26th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 1,225.

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.