Key Points
- Diageo insider Nik Jhangiani made three small purchases recently—9 shares on Jan 12 at GBX 1,639 (£147.51), 9 shares on Dec 10 at GBX 1,604 (£144.36), and 8 shares on Nov 10 at GBX 1,861 (£148.88).
- The stock is trading below its 200‑day moving average and analysts have trimmed targets, but the consensus rating is a Moderate Buy with an average target of GBX 2,148.75 and a market cap of about £37.0bn (12‑month range GBX 1,564–2,565).
Diageo plc (LON:DGE - Get Free Report) insider Nik Jhangiani bought 9 shares of Diageo stock in a transaction dated Monday, January 12th. The shares were bought at an average cost of GBX 1,639 per share, for a total transaction of £147.51.
Nik Jhangiani also recently made the following trade(s):
- On Wednesday, December 10th, Nik Jhangiani purchased 9 shares of Diageo stock. The stock was bought at an average cost of GBX 1,604 per share, with a total value of £144.36.
- On Monday, November 10th, Nik Jhangiani acquired 8 shares of Diageo stock. The shares were purchased at an average cost of GBX 1,861 per share, with a total value of £148.88.
Diageo Trading Down 0.6%
Shares of Diageo stock opened at GBX 1,664 on Wednesday. The company has a market capitalization of £37.00 billion, a price-to-earnings ratio of 15.74, a PEG 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 1,564 and a 12-month high of GBX 2,565. The firm's 50-day moving average price is GBX 1,686.08 and its two-hundred day moving average price is GBX 1,823.93.
Analyst Ratings Changes
A number of research analysts recently issued reports on DGE shares. Deutsche Bank Aktiengesellschaft decreased 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 research note on Friday, November 28th. Citigroup reduced their target price 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. Jefferies Financial Group reissued a "buy" rating and set a GBX 2,300 price target on shares of Diageo in a report on Friday, November 7th. Berenberg Bank dropped their price objective on Diageo from GBX 2,372 to GBX 2,370 and set a "buy" rating for the company in a research report on Thursday, November 6th. Finally, JPMorgan Chase & Co. reduced their price objective on 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. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of GBX 2,148.75.
Read Our Latest Stock Analysis 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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