National Grid (LON:NG) Stock Keeps Hold Rating at Jefferies Financial Group

National Grid (LON:NG – Get Free Report)‘s stock had its “hold” rating reissued by equities research analysts at Jefferies Financial Group in a report issued on Tuesday, Digital Look reports. They currently have a GBX 1,300 price target on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 12.95% from the company’s current price.

Separately, Royal Bank Of Canada reiterated 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 stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of GBX 1,299.71.

Read Our Latest Stock Report on NG

National Grid Price Performance

LON NG opened at GBX 1,151 on Tuesday. 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 £56.51 billion, a P/E ratio of 18.91, a PEG ratio of 2.06 and a beta of 0.59. The company has a 50-day moving average price of GBX 1,163.44 and a 200-day moving average price of GBX 1,222.47. National Grid has a 52 week low of GBX 645 and a 52 week high of GBX 1,145.50.

Insider Activity

In other news, insider Zoe Yujnovich sold 66,930 shares of National Grid stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of GBX 1,156, for a total transaction of £773,710.80. 0.18% of the stock is currently owned by insiders.

Key National Grid News

Here are the key news stories impacting National Grid this week:

About National Grid

(Get Free Report)

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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