Key Points
- Diageo insider Nik Jhangiani bought 8 shares at GBX 1,896 each, a total investment of £151.68. He had also purchased 9 shares in October and 10 in September.
- Analyst sentiment is moderately positive: MarketBeat reports an average rating of “Moderate Buy” and an average price target of GBX 1,960.50, with three Buy and three Hold ratings.
- Diageo shares were down 0.6% in the trading update and opened at GBX 1,884.50; the stock’s 12-month range was GBX 1,295.50 to GBX 1,915.
Diageo plc (LON:DGE - Get Free Report) insider Nik Jhangiani acquired 8 shares of Diageo stock in a transaction that occurred on Tuesday, November 10th. The shares were purchased at an average cost of GBX 1,896 per share, with a total value of £151.68.
Nik Jhangiani also recently made the following trade(s):
- On Monday, October 12th, Nik Jhangiani acquired 9 shares of Diageo stock. The stock was acquired at an average cost of GBX 1,635 per share, with a total value of £147.15.
- On Thursday, September 10th, Nik Jhangiani purchased 10 shares of Diageo stock. The stock was bought at an average cost of GBX 1,582 per share, with a total value of £158.20.
Diageo Trading Down 0.6%
Shares of DGE stock opened at GBX 1,884.50 on Thursday. Diageo plc has a 12 month low of GBX 1,295.50 and a 12 month high of GBX 1,915. The company has a market cap of £41.92 billion, a PE ratio of 24.19, a price-to-earnings-growth ratio of 1.75 and a beta of 0.31. The company has a quick ratio of 0.62, a current ratio of 1.60 and a debt-to-equity ratio of 203.12. The business's 50 day moving average is GBX 1,695.54 and its two-hundred day moving average is GBX 1,605.25.
Analysts Set New Price Targets
A number of research firms have weighed in on DGE. Berenberg Bank reiterated a "buy" rating and set a GBX 2,223 price target on shares of Diageo in a research note on Friday, November 6th. Jefferies Financial Group reissued a "buy" rating and set a GBX 2,200 price objective on shares of Diageo in a report on Thursday, November 5th. Deutsche Bank boosted their target price on shares of Diageo from GBX 1,734 to GBX 1,740 and gave the company a "hold" rating in a research note on Friday, November 6th. Finally, 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. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Diageo currently has an average rating of "Moderate Buy" and an average price target of GBX 1,960.50.
View Our Latest 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.
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