Key Points
- Diageo insider Nik Jhangiani bought 10 shares on Monday, May 11, at an average price of GBX 1,542, for a total of £154.20.
- This follows a series of recent insider trades, including another 10-share purchase in March and two large share sales on March 9 totaling more than 47,000 shares.
- Analysts remain generally positive on Diageo, with an average Moderate Buy rating and a consensus price target of GBX 2,000, above the stock’s recent trading level around GBX 1,500.
Diageo plc (LON:DGE - Get Free Report) insider Nik Jhangiani acquired 10 shares of the company's stock in a transaction on Monday, May 11th. The stock was acquired at an average price of GBX 1,542 per share, for a total transaction of £154.20.
Nik Jhangiani also recently made the following trade(s):
- On Tuesday, March 10th, Nik Jhangiani bought 10 shares of Diageo stock. The shares were acquired at an average cost of GBX 1,519 per share, for a total transaction of £151.90.
- On Monday, March 9th, Nik Jhangiani sold 19,871 shares of Diageo stock. The shares were sold at an average price of GBX 1,500, for a total value of £298,065.
- On Monday, March 9th, Nik Jhangiani sold 27,786 shares of Diageo stock. The shares were sold at an average price of GBX 1,500, for a total value of £416,790.
- On Tuesday, February 10th, Nik Jhangiani acquired 9 shares of Diageo stock. The shares were bought at an average cost of GBX 1,784 per share, with a total value of £160.56.
Diageo Price Performance
LON:DGE opened at GBX 1,500 on Tuesday. The company has a market cap of £33.35 billion, a P/E ratio of 13.86, a P/E/G ratio of 1.75 and a beta of 0.30. The firm's fifty day moving average price is GBX 1,466.89 and its two-hundred day moving average price is GBX 1,624.98. Diageo plc has a one year low of GBX 1,350 and a one year high of GBX 2,215. The company has a debt-to-equity ratio of 208.59, a current ratio of 1.60 and a quick ratio of 0.62.
Analyst Ratings Changes
A number of research analysts recently commented on DGE shares. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 1,650 price target on shares of Diageo in a research note on Tuesday, May 5th. JPMorgan Chase & Co. restated a "neutral" rating on shares of Diageo in a report on Thursday, January 22nd. UBS Group reaffirmed a "neutral" rating and issued a GBX 1,600 target price on shares of Diageo in a research report on Tuesday, May 5th. Jefferies Financial Group reiterated a "buy" rating and set a GBX 1,900 target price on shares of Diageo in a research note on Wednesday, May 6th. Finally, Royal Bank Of Canada reissued an "outperform" rating and set a GBX 2,000 price target on shares of Diageo in a report on Wednesday, March 4th. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of GBX 2,000.
Get 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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