National Grid plc (LON:NG) insider Mark Williamson bought 43,128 shares of the firm’s stock in a transaction on Thursday, February 1st. The shares were bought at an average price of GBX 805 ($11.29) per share, for a total transaction of £347,180.40 ($486,792.48).
Shares of National Grid plc (LON:NG) opened at GBX 781.20 ($10.95) on Tuesday. National Grid plc has a 1 year low of GBX 781.20 ($10.95) and a 1 year high of GBX 1,097 ($15.38). The company has a market cap of $26,390.00 and a PE ratio of 1,627.50.
The firm also recently disclosed a dividend, which was paid on Wednesday, January 10th. Investors of record on Thursday, November 23rd were given a GBX 15.49 ($0.22) dividend. The ex-dividend date was Thursday, November 23rd. This represents a dividend yield of 1.73%.
NG has been the topic of several research analyst reports. restated a “buy” rating and set a GBX 1,060 ($14.86) target price on shares of National Grid in a research report on Monday, October 9th. Bank of America set a GBX 1,140 ($15.98) target price on shares of National Grid and gave the stock a “buy” rating in a research report on Wednesday, November 29th. Macquarie set a GBX 990 ($13.88) target price on shares of National Grid and gave the stock a “buy” rating in a research report on Tuesday, December 19th. Citigroup restated a “buy” rating and set a GBX 1,008 ($14.13) target price on shares of National Grid in a research report on Wednesday, January 17th. Finally, Deutsche Bank upgraded shares of National Grid to a “hold” rating and decreased their target price for the stock from GBX 900 ($12.62) to GBX 850 ($11.92) in a research report on Wednesday, December 6th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company’s stock. National Grid currently has a consensus rating of “Hold” and a consensus price target of GBX 974.06 ($13.66).
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About National Grid
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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