Key Points
- Diageo insider Nik Jhangiani purchased 9 shares at GBX 1,635 each, investing £147.15. This follows purchases of 10 shares in September and 8 shares in August.
- Diageo opened at GBX 1,711.50, with a £38.07 billion market capitalization and a 52-week trading range of GBX 1,295.50 to GBX 1,903.90.
- Analysts maintain a “Moderate Buy” consensus, with four Buy and three Hold ratings and an average price target of GBX 2,033.86.
Diageo plc (LON:DGE - Get Free Report) insider Nik Jhangiani bought 9 shares of the company's stock in a transaction dated Monday, October 12th. The shares were acquired at an average cost of GBX 1,635 per share, with a total value of £147.15.
Nik Jhangiani also recently made the following trade(s):
- On Thursday, September 10th, Nik Jhangiani purchased 10 shares of Diageo stock. The stock was acquired at an average cost of GBX 1,582 per share, for a total transaction of £158.20.
- On Monday, August 10th, Nik Jhangiani purchased 8 shares of Diageo stock. The stock was acquired at an average cost of GBX 400 per share, for a total transaction of GBX 3,200.
Diageo Stock Performance
DGE opened at GBX 1,711.50 on Wednesday. The firm has a market capitalization of £38.07 billion, a PE ratio of 21.97, a PEG ratio of 1.75 and a beta of 0.31. Diageo plc has a twelve month low of GBX 1,295.50 and a twelve month high of GBX 1,903.90. The firm's 50-day moving average price is GBX 1,667.15 and its 200 day moving average price is GBX 1,569.83. The company has a current ratio of 1.60, a quick ratio of 0.62 and a debt-to-equity ratio of 203.12.
Wall Street Analyst Weigh In
A number of research firms have commented on DGE. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Diageo from GBX 1,770 to GBX 1,734 and set a "hold" rating for the company in a report on Wednesday, September 16th. Royal Bank Of Canada restated an "outperform" rating and set a GBX 2,000 target price on shares of Diageo in a report on Monday, August 24th. Jefferies Financial Group upped their price target on Diageo from GBX 2,000 to GBX 2,200 and gave the company a "buy" rating in a research report on Monday, August 10th. Finally, Berenberg Bank restated a "buy" rating and issued a GBX 2,223 price target on shares of Diageo in a research report on Friday, August 7th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of GBX 2,033.86.
View Our Latest Research 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.
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