National Grid (LON:NG) Insider Purchases £298,307.91 in Stock

National Grid plc (LON:NG) insider Zoe Yujnovich purchased 24,797 shares of the company’s stock in a transaction on Monday, June 15th. The shares were bought at an average price of GBX 1,203 per share, with a total value of £298,307.91.

National Grid Price Performance

Shares of NG stock remained flat at GBX 1,209 during trading hours on Tuesday. 11,225,331 shares of the stock traded hands. 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 firm has a market capitalization of £59.36 billion, a PE ratio of 19.86, a PEG ratio of 2.06 and a beta of 0.60. The business’s fifty day moving average is GBX 1,267.82 and its two-hundred day moving average is GBX 1,246. National Grid plc has a 52-week low of GBX 645 and a 52-week high of GBX 1,145.50.

National Grid (LON:NG) last announced its earnings results on Thursday, May 14th. The company reported GBX 78 earnings per share (EPS) for the quarter. The company had revenue of GBX 1,768.70 billion for the quarter. National Grid had a return on equity of 8.47% and a net margin of 18.32%. Equities analysts forecast that National Grid plc will post 66.9851952 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on NG shares. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 1,410 price objective on shares of National Grid in a research report on Friday, May 15th. Deutsche Bank Aktiengesellschaft cut their price target on National Grid from GBX 1,430 to GBX 1,370 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. UBS Group reaffirmed a “sell” rating and set a GBX 1,160 price objective on shares of National Grid in a research report on Monday, May 11th. Citigroup increased their price objective on National Grid from GBX 1,149 to GBX 1,253 and gave the company a “neutral” rating in a report on Tuesday, April 28th. Finally, JPMorgan Chase & Co. decreased their target price on National Grid from GBX 1,450 to GBX 1,440 and set an “overweight” rating for the company in a research note on Thursday, May 7th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, National Grid has a consensus rating of “Hold” and a consensus price target of GBX 1,315.43.

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.