Shares of National Grid plc (LON:NG – Get Free Report) have received a consensus rating of “Hold” from the six ratings firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 1,316.33.
Separately, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 1,300 target price on shares of National Grid in a research note on Tuesday, October 6th.
Read Our Latest Analysis on National Grid
Insider Activity at National Grid
In other National Grid 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 value of £773,710.80. 0.18% of the stock is currently owned by corporate insiders.
National Grid Stock Performance
LON NG opened at GBX 1,249.50 on Monday. The company has a debt-to-equity ratio of 118.97, a quick ratio of 0.34 and a current ratio of 0.76. The company has a market capitalization of £61.35 billion, a P/E ratio of 20.53, a P/E/G ratio of 2.06 and a beta of 0.59. The company has a fifty day moving average of GBX 1,173 and a 200-day moving average of GBX 1,238.37. National Grid has a 52-week low of GBX 645 and a 52-week high of GBX 1,145.50.
National Grid (LON:NG – Get Free Report) last issued its earnings results on Thursday, November 5th. The company reported GBX 36.50 earnings per share (EPS) for the quarter. The firm had revenue of GBX 813.80 billion for the quarter. National Grid had a return on equity of 8.47% and a net margin of 18.32%. As a group, equities research analysts predict that National Grid will post 66.99 EPS for the current fiscal year.
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. The UK Electricity Distribution segment offers electricity distribution services in Midlands, and South West of England and South Wales.
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