National Grid (LON:NG) Stock Keeps Hold Rating at Jefferies Financial Group

National Grid (LON:NG)‘s stock had its “hold” rating restated by Jefferies Financial Group in a research note issued to investors on Tuesday, Digital Look reports. They currently have a GBX 1,300 target price on the stock. Jefferies Financial Group’s price target indicates a potential upside of 13.34% from the company’s current price.

Separately, Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 1,375 target price on shares of National Grid in a research report on Thursday, July 2nd. Three analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of GBX 1,299.71.

National Grid Stock Down 0.5%

Shares of National Grid stock traded down GBX 5.50 during midday trading on Tuesday, reaching GBX 1,147. 14,348,627 shares of the company’s stock traded hands. The company has a market cap of £56.31 billion, a price-to-earnings ratio of 18.84, a price-to-earnings-growth ratio of 2.06 and a beta of 0.59. The company’s 50 day simple moving average is GBX 1,160.10 and its 200 day simple moving average is GBX 1,219.94. The company has a debt-to-equity ratio of 118.97, a quick ratio of 0.34 and a current ratio of 0.76. National Grid has a 52 week low of GBX 645 and a 52 week high of GBX 1,145.50.

Insider Transactions at National Grid

In other National Grid news, insider Zoe Yujnovich sold 66,930 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of GBX 1,156, for a total transaction of £773,710.80. Insiders purchased a total of 38 shares of company stock worth $44,224 over the last three months. 0.18% of the stock is owned by corporate insiders.

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.