Key Points
- John Alexander Manzoni bought 432 shares of Diageo on March 10 at GBX 1,518 per share for £6,557.76, adding to multiple insider purchases in December, January and February and signaling continued insider accumulation.
- Diageo shares opened at GBX 1,515 (down 0.4%) and currently trade below both the 50‑day (GBX 1,679.70) and 200‑day (GBX 1,750.34) moving averages, near their 52‑week low.
- Analysts are mixed but broadly positive—five Buys and three Holds—with an average target of GBX 2,111.25, implying notable upside from the current price; the company has a market cap of £33.69bn and a P/E of 14.00.
Diageo plc (LON:DGE - Get Free Report) insider John Alexander Manzoni bought 432 shares of the business's stock in a transaction dated Tuesday, March 10th. The stock was purchased at an average price of GBX 1,518 per share, with a total value of £6,557.76.
John Alexander Manzoni also recently made the following trade(s):
- On Tuesday, February 10th, John Alexander Manzoni acquired 365 shares of Diageo stock. The stock was bought at an average price of GBX 1,799 per share, with a total value of £6,566.35.
- On Monday, January 12th, John Alexander Manzoni acquired 397 shares of Diageo stock. The shares were purchased at an average cost of GBX 1,649 per share, with a total value of £6,546.53.
- On Wednesday, December 10th, John Alexander Manzoni acquired 410 shares of Diageo stock. The shares were bought at an average cost of GBX 1,600 per share, with a total value of £6,560.
Diageo Stock Down 0.4%
Diageo stock opened at GBX 1,515 on Wednesday. The company's 50 day simple moving average is GBX 1,679.70 and its 200 day simple moving average is GBX 1,750.34. The firm has a market capitalization of £33.69 billion, a price-to-earnings ratio of 14.00, a PEG ratio of 1.75 and a beta of 0.17. Diageo plc has a fifty-two week low of GBX 1,491 and a fifty-two week high of GBX 2,219.50. The company has a debt-to-equity ratio of 208.59, a current ratio of 1.60 and a quick ratio of 0.62.
Analysts Set New Price Targets
A number of equities analysts have commented on DGE shares. JPMorgan Chase & Co. reaffirmed a "neutral" rating on shares of Diageo in a research report on Thursday, January 22nd. Jefferies Financial Group lowered their price objective on shares of Diageo from GBX 2,300 to GBX 2,000 and set a "buy" rating for the company in a research report on Thursday, January 15th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Diageo from GBX 1,840 to GBX 1,790 and set a "hold" rating for the company in a research note on Friday, November 28th. Finally, Royal Bank Of Canada reissued an "outperform" rating and set a GBX 2,000 target price on shares of Diageo in a research note on Wednesday, March 4th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Diageo has an average rating of "Moderate Buy" and an average target price of GBX 2,111.25.
Read Our Latest Stock Analysis on Diageo
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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