Key Points
- Nik Jhangiani, a Diageo insider, bought 9 shares on December 10 at an average price of GBX 1,604 (total £144.36), adding to prior purchases of 8 shares in October (GBX 1,831) and November (GBX 1,861).
- Diageo opened at GBX 1,645.50 with a market cap of £36.59 billion, a P/E of 15.57 and a 12‑month range of GBX 1,587–2,619.50, and analysts hold a Moderate Buy consensus with an average target of GBX 2,198.75 despite several recent target cuts.
Diageo plc (LON:DGE - Get Free Report) insider Nik Jhangiani purchased 9 shares of the company's stock in a transaction that occurred on Wednesday, December 10th. The shares were acquired at an average cost of GBX 1,604 per share, with a total value of £144.36.
Nik Jhangiani also recently made the following trade(s):
- On Monday, November 10th, Nik Jhangiani acquired 8 shares of Diageo stock. The stock was acquired at an average cost of GBX 1,861 per share, for a total transaction of £148.88.
- On Friday, October 10th, Nik Jhangiani bought 8 shares of Diageo stock. The shares were acquired at an average price of GBX 1,831 per share, for a total transaction of £146.48.
Diageo Stock Performance
Diageo stock opened at GBX 1,645.50 on Friday. The stock has a 50-day simple moving average of GBX 1,761.32 and a 200 day simple moving average of GBX 1,875.67. The stock has a market capitalization of £36.59 billion, a price-to-earnings ratio of 15.57, a P/E/G ratio of 1.75 and a beta of 0.36. The company has a quick ratio of 0.62, a current ratio of 1.94 and a debt-to-equity ratio of 234.57. Diageo plc has a 12-month low of GBX 1,587 and a 12-month high of GBX 2,619.50.
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on the stock. Jefferies Financial Group reiterated a "buy" rating and set a GBX 2,300 target price on shares of Diageo in a research report on Friday, November 7th. Citigroup reduced their price objective on Diageo from GBX 2,750 to GBX 2,480 and set a "buy" rating on the stock in a report on Monday, October 20th. JPMorgan Chase & Co. decreased their price objective on Diageo from GBX 2,500 to GBX 2,000 and set a "neutral" rating on the stock in a research report on Wednesday, November 26th. UBS Group restated a "buy" rating and set a GBX 2,250 target price on shares of Diageo in a research report on Friday, October 31st. Finally, Berenberg Bank cut their price target on Diageo from GBX 2,372 to GBX 2,370 and set a "buy" rating on the stock in a research note on Thursday, November 6th. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, Diageo currently has an average rating of "Moderate Buy" and an average target price of GBX 2,198.75.
View Our Latest Report on Diageo
About Diageo
(
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Diageo is a global leader in premium drinks, across spirits and beer, a business built on the principles and foundations laid by the giants of the industry.
With over 200 brands sold in 180 countries, our portfolio has remarkable breadth. From centuries-old names to exciting new entrants, and global giants to local legends, we're building the very best brands out there, and with over 30,000 talented people based in over 135 countries, we're a truly global company.
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