National Grid plc (LON:NG) insider Andrew R. J. Bonfield bought 15 shares of the firm’s stock in a transaction that occurred on Friday, October 7th. The stock was purchased at an average price of GBX 1,045 ($12.93) per share, for a total transaction of £156.75 ($194.00).
Shares of National Grid plc (LON:NG) opened at 1053.00 on Wednesday. The company’s market cap is GBX 39.45 billion. National Grid plc has a 12 month low of GBX 890.60 and a 12 month high of GBX 1,148.00. The firm’s 50-day moving average price is GBX 1,067.78 and its 200 day moving average price is GBX 1,036.35.
A number of equities research analysts have issued reports on NG shares. Barclays PLC restated an “overweight” rating and set a GBX 1,175 ($14.54) price objective on shares of National Grid plc in a research report on Tuesday, October 4th. Credit Suisse Group AG restated an “underperform” rating and set a GBX 820 ($10.15) price objective on shares of National Grid plc in a research report on Monday, July 4th. HSBC set a GBX 1,185 ($14.67) price objective on National Grid plc and gave the company a “buy” rating in a research report on Friday, July 22nd. Deutsche Bank AG upped their price objective on National Grid plc from GBX 920 ($11.39) to GBX 1,040 ($12.87) and gave the company a “hold” rating in a research report on Monday, September 12th. Finally, Jefferies Group reiterated a “hold” rating on shares of National Grid plc in a report on Thursday, September 22nd. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of GBX 996 ($12.33).
About National Grid plc
National Grid plc is an electricity and gas utility company focused on transmission and distribution activities in electricity and gas in both the United Kingdom and the United States. The Company’s segments include UK Electricity Transmission, which is engaged in high voltage electricity transmission networks in Great Britain; UK Gas Transmission, which is the gas transmission network in Great Britain and United Kingdom liquefied natural gas (LNG) storage activities; UK Gas Distribution, which includes approximately four of the eight regional networks of Great Britain’s gas distribution system, and US Regulated, which includes gas distribution networks, electricity distribution networks and high voltage electricity transmission networks in New York, and New England and electricity generation facilities in New York.
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