Key Points
- Diageo insider John Alexander Manzoni purchased 414 shares at GBX 1,585 each, totaling £6,561.90. This follows purchases of approximately £6,550 in both July and August.
- Diageo shares opened at GBX 1,591.50 and were down 0.4%, with the stock trading between a 12-month low of GBX 1,295.50 and high of GBX 1,938.
- Analysts maintained a generally positive outlook, with four Buy ratings and three Holds; the stock has a “Moderate Buy” consensus and an average price target of GBX 2,029.
Diageo plc (LON:DGE - Get Free Report) insider John Alexander Manzoni purchased 414 shares of the stock in a transaction that occurred on Thursday, September 10th. The stock was bought at an average price of GBX 1,585 per share, with a total value of £6,561.90.
John Alexander Manzoni also recently made the following trade(s):
- On Monday, August 10th, John Alexander Manzoni acquired 362 shares of Diageo stock. The stock was bought at an average cost of GBX 1,809 per share, for a total transaction of £6,548.58.
- On Friday, July 10th, John Alexander Manzoni acquired 436 shares of Diageo stock. The shares were bought at an average price of GBX 1,503 per share, for a total transaction of £6,553.08.
Diageo Trading Down 0.4%
Shares of DGE opened at GBX 1,591.50 on Friday. Diageo plc has a 12 month low of GBX 1,295.50 and a 12 month high of GBX 1,938. The stock's 50-day moving average is GBX 1,641.58 and its two-hundred day moving average is GBX 1,553.62. The company has a debt-to-equity ratio of 203.12, a current ratio of 1.60 and a quick ratio of 0.62. The stock has a market cap of £35.39 billion, a PE ratio of 20.43, a P/E/G ratio of 1.75 and a beta of 0.31.
Analyst Ratings Changes
DGE has been the topic of several recent research reports. Royal Bank Of Canada reissued an "outperform" rating and set a GBX 2,000 price target on shares of Diageo in a research report on Monday, August 24th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a GBX 1,700 price objective on shares of Diageo in a research report on Friday, August 7th. Jefferies Financial Group lifted their price objective on shares of Diageo from GBX 2,000 to GBX 2,200 and gave the company a "buy" rating in a research note on Monday, August 10th. Finally, Berenberg Bank reissued a "buy" rating and set a GBX 2,223 target price on shares of Diageo in a research report on Friday, August 7th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Diageo presently has an average rating of "Moderate Buy" and an average target price of GBX 2,029.
Check Out Our Latest Report 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.
Further Reading
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