Key Points
- Diageo insider John Alexander Manzoni bought 400 shares at GBX 1,640 each, investing £6,560. The purchase follows two additional buys in August and September.
- Diageo shares opened at GBX 1,655.87 and have a market capitalization of approximately £36.84 billion, with a 52-week range of GBX 1,295.50 to GBX 1,903.90.
- Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of GBX 2,033.86.
Diageo plc (LON:DGE - Get Free Report) insider John Alexander Manzoni bought 400 shares of the firm's stock in a transaction on Monday, October 12th. The shares were bought at an average cost of GBX 1,640 per share, for a total transaction of £6,560.
John Alexander Manzoni also recently made the following trade(s):
- On Thursday, September 10th, John Alexander Manzoni purchased 414 shares of Diageo stock. The shares were bought at an average price of GBX 1,585 per share, with a total value of £6,561.90.
- On Monday, August 10th, John Alexander Manzoni purchased 362 shares of Diageo stock. The stock was purchased at an average price of GBX 1,809 per share, with a total value of £6,548.58.
Diageo Stock Up 1.0%
Shares of DGE opened at GBX 1,655.87 on Tuesday. The company has a debt-to-equity ratio of 203.12, a quick ratio of 0.62 and a current ratio of 1.60. Diageo plc has a 52 week low of GBX 1,295.50 and a 52 week high of GBX 1,903.90. The stock has a market capitalization of £36.84 billion, a price-to-earnings ratio of 21.26, a PEG ratio of 1.75 and a beta of 0.31. The stock has a fifty day moving average of GBX 1,665.63 and a 200-day moving average of GBX 1,567.46.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the company. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a GBX 2,000 target price on shares of Diageo in a report on Monday, August 24th. Jefferies Financial Group lifted their price target on Diageo from GBX 2,000 to GBX 2,200 and gave the company a "buy" rating in a research note on Monday, August 10th. Deutsche Bank Aktiengesellschaft reduced their price target on Diageo from GBX 1,770 to GBX 1,734 and set a "hold" rating on the stock in a report on Wednesday, September 16th. Finally, Berenberg Bank restated a "buy" rating and set a GBX 2,223 price target on shares of Diageo in a report on Friday, August 7th. Four 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 stock presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 2,033.86.
Check Out Our Latest Report on Diageo
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
