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

National Grid plc (LON:NG) insider Andrew Agg bought 13 shares of the firm’s stock in a transaction dated Wednesday, January 7th. The shares were purchased at an average price of GBX 1,183 per share, with a total value of £153.79.

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

• On Monday, December 8th, Andrew Agg acquired 13 shares of National Grid stock. The shares were acquired at an average price of GBX 1,139 per share, with a total value of £148.07.
• On Friday, November 7th, Andrew Agg acquired 13 shares of National Grid stock. The stock was acquired at an average cost of GBX 1,159 per share, with a total value of £150.67.

National Grid Stock Up 1.1%

Shares of LON:NG traded up GBX 12.50 during midday trading on Thursday, hitting GBX 1,184.50. 18,557,145 shares of the company’s stock traded hands. The company has a debt-to-equity ratio of 157.61, a quick ratio of 0.34 and a current ratio of 0.91. The company has a market cap of £58.15 billion, a PE ratio of 19.46, a P/E/G ratio of 2.06 and a beta of 0.25. The firm’s fifty day moving average price is GBX 1,144.88 and its two-hundred day moving average price is GBX 1,091.81. National Grid plc has a twelve month low of GBX 645 and a twelve month high of GBX 1,145.50.

Analysts Set New Price Targets

Several brokerages have issued reports on NG. Barclays reaffirmed an “overweight” rating and issued a GBX 1,200 price objective on shares of National Grid in a research report on Thursday, October 16th. JPMorgan Chase & Co. raised 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. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target 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.