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

National Grid plc (LON:NG) insider Andrew Agg purchased 13 shares of the stock in a transaction dated Friday, November 7th. The shares were acquired at an average price of GBX 1,159 per share, for a total transaction of £150.67.

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

• On Tuesday, October 7th, Andrew Agg purchased 14 shares of National Grid stock. The shares were acquired at an average cost of GBX 1,084 per share, for a total transaction of £151.76.
• On Monday, September 8th, Andrew Agg bought 14 shares of National Grid stock. The shares were acquired at an average cost of GBX 1,033 per share, for a total transaction of £144.62.

National Grid Stock Up 0.9%

National Grid stock traded up GBX 10 during trading hours on Monday, hitting GBX 1,170.50. The company had a trading volume of 17,675,799 shares. The firm’s fifty day moving average is GBX 1,083.50 and its 200-day moving average is GBX 1,066.19. The firm has a market capitalization of £57.47 billion, a P/E ratio of 19.23, a price-to-earnings-growth ratio of 2.06 and a beta of 0.25. National Grid plc has a fifty-two week low of GBX 645 and a fifty-two week high of GBX 1,145.50. The company has a debt-to-equity ratio of 157.61, a current ratio of 0.91 and a quick ratio of 0.34.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Barclays reaffirmed an “overweight” rating and issued a GBX 1,200 target price on shares of National Grid in a research report on Thursday, October 16th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of National Grid in a research note on Friday, October 3rd. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of GBX 1,200.

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.