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

Key Points

• Insider purchase: National Grid insider Andrew Agg bought 13 shares at GBX 1,137 each, spending £147.81. This follows purchases of 13 shares in September and 12 shares in August.
• Stock performance: National Grid shares opened at GBX 1,152.50 and were up 0.2%, with a market capitalization of approximately £56.58 billion.
• Analyst view: Analysts maintain an overall “Hold” rating, with an average price target of GBX 1,299.71; ratings include three Buys, three Holds, and one Sell.

National Grid plc (LON:NG - Get Free Report) insider Andrew Agg bought 13 shares of the firm's stock in a transaction that occurred on Wednesday, October 7th. The stock was bought at an average price of GBX 1,137 per share, for a total transaction of £147.81.

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

• On Monday, September 7th, Andrew Agg bought 13 shares of National Grid stock. The shares were bought at an average cost of GBX 1,159 per share, for a total transaction of £150.67.
• On Friday, August 7th, Andrew Agg bought 12 shares of National Grid stock. The shares were bought at an average cost of GBX 1,198 per share, with a total value of £143.76.

National Grid Trading Up 0.2%

LON:NG opened at GBX 1,152.50 on Friday. The company has a quick ratio of 0.34, a current ratio of 0.76 and a debt-to-equity ratio of 118.97. National Grid plc has a 1-year low of GBX 645 and a 1-year high of GBX 1,145.50. The firm 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. The stock has a fifty day simple moving average of GBX 1,160.74 and a 200 day simple moving average of GBX 1,220.42.

Analyst Upgrades and Downgrades

NG has been the subject of several recent analyst reports. Jefferies Financial Group reiterated a "hold" rating and issued a GBX 1,300 target price on shares of National Grid in a report on Tuesday. Royal Bank Of Canada restated a "sector perform" rating and issued a GBX 1,375 price target on shares of National Grid in a research report on Thursday, July 2nd. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, National Grid presently has an average rating of "Hold" and an average target price of GBX 1,299.71.

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.

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