Diageo (LON:DGE) Insider Purchases 9 Shares

Key Points

  • Insider Nik Jhangiani purchased 9 shares of Diageo on February 10 at an average price of GBX 1,784 per share for a total of £160.56.
  • Jhangiani made two prior small purchases—9 shares on January 12 at GBX 1,639 and 9 shares on December 10 at GBX 1,604—indicating repeated, modest insider buying.
  • Diageo has a market cap of £40.83 billion, a P/E of 17.37, a 12‑month range of GBX 1,421.50–2,226, and a consensus analyst rating of Moderate Buy with an average target of GBX 2,111.25.

Diageo plc (LON:DGE - Get Free Report) insider Nik Jhangiani bought 9 shares of the company's stock in a transaction dated Tuesday, February 10th. The stock was purchased at an average price of GBX 1,784 per share, for a total transaction of £160.56.

Nik Jhangiani also recently made the following trade(s):

  • On Monday, January 12th, Nik Jhangiani purchased 9 shares of Diageo stock. The shares were purchased at an average cost of GBX 1,639 per share, with a total value of £147.51.
  • On Wednesday, December 10th, Nik Jhangiani acquired 9 shares of Diageo stock. The stock was acquired at an average cost of GBX 1,604 per share, for a total transaction of £144.36.

Diageo Stock Performance

Shares of DGE opened at GBX 1,836.50 on Thursday. The company has a market cap of £40.83 billion, a price-to-earnings ratio of 17.37, a P/E/G ratio of 1.75 and a beta of 0.36. The business's fifty day simple moving average is GBX 1,658.30 and its two-hundred day simple moving average is GBX 1,792.43. Diageo plc has a 12 month low of GBX 1,421.50 and a 12 month high of GBX 2,226. The company has a current ratio of 1.94, a quick ratio of 0.62 and a debt-to-equity ratio of 234.57.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft decreased their target price on Diageo from GBX 1,840 to GBX 1,790 and set a "hold" rating for the company in a research report on Friday, November 28th. Citigroup lowered their price objective on shares of Diageo from GBX 2,750 to GBX 2,480 and set a "buy" rating on the stock in a research report on Monday, October 20th. UBS Group reaffirmed a "buy" rating and issued a GBX 2,250 target price on shares of Diageo in a research report on Friday, October 31st. JPMorgan Chase & Co. reissued a "neutral" rating on shares of Diageo in a report on Thursday, January 22nd. Finally, Royal Bank Of Canada restated an "outperform" rating and issued a GBX 2,000 price target on shares of Diageo in a research note on Monday, February 2nd. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of GBX 2,111.25.




Check Out Our Latest Research Report on DGE

About Diageo

(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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