Key Points
- Insider buying: Diageo director John Alexander Manzoni purchased 397 shares on Jan 12 at GBX 1,649 each (≈£6,546.53), adding to earlier buys of 410 shares on Dec 10 (GBX 1,600) and 355 shares on Nov 10 (GBX 1,850).
- Analyst and stock context: Shares trade near GBX 1,674.50 with a £37.23bn market cap, and analysts give a "Moderate Buy" consensus with an average target of GBX 2,148.75 (five Buy ratings, three Hold ratings).
Diageo plc (LON:DGE - Get Free Report) insider John Alexander Manzoni bought 397 shares of the company's stock in a transaction that occurred on Monday, January 12th. The shares were bought at an average price of GBX 1,649 per share, for a total transaction of £6,546.53.
John Alexander Manzoni also recently made the following trade(s):
- On Wednesday, December 10th, John Alexander Manzoni purchased 410 shares of Diageo stock. The stock was bought at an average price of GBX 1,600 per share, with a total value of £6,560.
- On Monday, November 10th, John Alexander Manzoni purchased 355 shares of Diageo stock. The stock was bought at an average cost of GBX 1,850 per share, with a total value of £6,567.50.
Diageo Price Performance
Shares of LON DGE opened at GBX 1,674.50 on Tuesday. The firm has a market capitalization of £37.23 billion, a P/E ratio of 15.84, a P/E/G ratio of 1.75 and a beta of 0.36. The firm's 50-day moving average price is GBX 1,688.47 and its 200-day moving average price is GBX 1,825.13. The company has a current ratio of 1.94, a quick ratio of 0.62 and a debt-to-equity ratio of 234.57. Diageo plc has a 1-year low of GBX 1,564 and a 1-year high of GBX 2,565.
Wall Street Analysts Forecast Growth
DGE has been the subject of a number of research reports. Jefferies Financial Group reissued a "buy" rating and issued a GBX 2,300 price objective on shares of Diageo in a research note on Friday, November 7th. UBS Group reissued a "buy" rating and issued a GBX 2,250 price target on shares of Diageo in a research report on Friday, October 31st. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Diageo from GBX 1,840 to GBX 1,790 and set a "hold" rating on the stock in a report on Friday, November 28th. JPMorgan Chase & Co. dropped their price objective on shares of Diageo from GBX 2,500 to GBX 2,000 and set a "neutral" rating on the stock in a research note on Wednesday, November 26th. Finally, Citigroup reduced their price objective on shares of Diageo from GBX 2,750 to GBX 2,480 and set a "buy" rating for the company in a report on Monday, October 20th. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of GBX 2,148.75.
Read Our Latest Report on DGE
Diageo Company Profile
(
Get Free Report)
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. With such diversity, we're able to truly represent our broad consumer base and think differently about the future.
To maintain our position as leaders in the alcoholic beverage market, we always invest in the future and are mindful of the impact we have.
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