National Grid plc (LON:NG) Insider Andrew Agg Buys 15 Shares

National Grid plc (LON:NG) insider Andrew Agg bought 15 shares of the company’s stock in a transaction dated Friday, February 7th. The shares were purchased at an average price of GBX 981 ($12.12) per share, with a total value of £147.15 ($181.85).

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

• On Tuesday, January 7th, Andrew Agg purchased 16 shares of National Grid stock. The shares were acquired at an average cost of GBX 941 ($11.63) per share, with a total value of £150.56 ($186.06).

National Grid Trading Up 0.5 %

Shares of NG opened at GBX 982.40 ($12.14) on Tuesday. National Grid plc has a 1-year low of GBX 645 ($7.97) and a 1-year high of GBX 1,145.50 ($14.16). The firm has a market capitalization of £48.04 billion, a price-to-earnings ratio of 1,786.18, a PEG ratio of 2.06 and a beta of 0.25. The firm’s 50-day moving average price is GBX 953.89 and its 200-day moving average price is GBX 984.05. The company has a current ratio of 0.91, a quick ratio of 0.34 and a debt-to-equity ratio of 161.24.

Analysts Set New Price Targets

Separately, Berenberg Bank cut their price objective on National Grid from GBX 1,150 ($14.21) to GBX 1,070 ($13.22) and set a “hold” rating on the stock in a research report on Monday, October 14th. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, National Grid presently has a consensus rating of “Buy” and an average price target of GBX 1,181.25 ($14.60).

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.