National Grid (LON:NG) Insider Jacqui Ferguson Acquires 1,936 Shares

National Grid plc (LON:NG) insider Jacqui Ferguson acquired 1,936 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were bought at an average cost of GBX 1,281 per share, with a total value of £24,800.16.

National Grid Stock Performance

LON:NG traded up GBX 24 during midday trading on Friday, reaching GBX 1,279. The stock had a trading volume of 12,954,740 shares. The company has a quick ratio of 0.34, a current ratio of 0.76 and a debt-to-equity ratio of 118.97. The stock has a market cap of £62.79 billion, a P/E ratio of 21.01, a P/E/G ratio of 2.06 and a beta of 0.62. The firm has a fifty day simple moving average of GBX 1,290.48 and a two-hundred day simple moving average of GBX 1,237.76. National Grid plc has a 12-month low of GBX 645 and a 12-month high of GBX 1,145.50.

National Grid (LON:NG) last announced its quarterly earnings data on Thursday, May 14th. The company reported GBX 78 EPS for the quarter. National Grid had a net margin of 18.32% and a return on equity of 8.47%. The company had revenue of GBX 1,768.70 billion during the quarter. On average, equities analysts expect that National Grid plc will post 66.9851952 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on NG shares. JPMorgan Chase & Co. lowered their price objective on National Grid from GBX 1,450 to GBX 1,440 and set an “overweight” rating on the stock in a report on Thursday, May 7th. UBS Group reissued a “sell” rating and set a GBX 1,160 target price on shares of National Grid in a research note on Monday, May 11th. Deutsche Bank Aktiengesellschaft decreased their price target on National Grid from GBX 1,430 to GBX 1,370 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Citigroup upped their price objective on National Grid from GBX 1,149 to GBX 1,253 and gave the stock a “neutral” rating in a report on Tuesday, April 28th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a GBX 1,410 target price on shares of National Grid in a report on Friday, May 15th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of GBX 1,305.50.

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.