National Grid’s (NG) Hold Rating Reiterated at Jefferies Financial Group

National Grid (LON:NG)‘s stock had its “hold” rating reissued by stock analysts at Jefferies Financial Group in a research report issued to clients and investors on Tuesday, Digital Look reports. They currently have a GBX 1,300 price target on the stock. Jefferies Financial Group’s target price points to a potential upside of 12.80% from the company’s previous close.

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

National Grid Price Performance

Shares of National Grid stock opened at GBX 1,152.50 on Tuesday. National Grid has a twelve month low of GBX 645 and a twelve month high of GBX 1,145.50. 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 company has a 50-day simple moving average of GBX 1,160.74 and a two-hundred day simple moving average of GBX 1,220.42. The stock has a market capitalization of £56.58 billion, a price-to-earnings ratio of 18.94, a price-to-earnings-growth ratio of 2.06 and a beta of 0.59.

Insider Activity at National Grid

In related news, insider Zoe Yujnovich sold 66,930 shares of the business’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of GBX 1,156, for a total value of £773,710.80. Insiders own 0.18% of the company’s stock.

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.