National Grid plc (LON:NG) Stock Has Average Target Price of GBX 1,299.71

National Grid plc (LON:NG) has received a consensus rating of “Hold” from the seven analysts that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 1,299.71.

A number of equities analysts have weighed in on the stock. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 1,300 price target on shares of National Grid in a report on Tuesday, October 6th. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 1,375 price objective on shares of National Grid in a research note on Thursday, July 2nd.

National Grid Stock Performance

Shares of NG stock opened at GBX 1,185.50 on Thursday. National Grid has a one year low of GBX 645 and a one year high of GBX 1,145.50. The company has a debt-to-equity ratio of 118.97, a quick ratio of 0.34 and a current ratio of 0.76. The company has a 50 day moving average price of GBX 1,158.56 and a 200 day moving average price of GBX 1,218.49. The firm has a market capitalization of £58.20 billion, a price-to-earnings ratio of 19.48, a price-to-earnings-growth ratio of 2.06 and a beta of 0.59.

Insider Buying and Selling at National Grid

In related news, insider Zoe Yujnovich sold 66,930 shares of National Grid stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of GBX 1,156, for a total value of £773,710.80. Over the last 90 days, insiders acquired 38 shares of company stock valued at $44,224. Company insiders own 0.18% of the company’s stock.

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. The UK Electricity Distribution segment offers electricity distribution services in Midlands, and South West of England and South Wales.