Diageo (LON:DGE) Insider Buys £6,562.08 in Stock

Diageo plc (LON:DGE) insider John Alexander Manzoni purchased 441 shares of Diageo stock in a transaction on Wednesday, June 10th. The shares were acquired at an average price of GBX 1,488 per share, for a total transaction of £6,562.08.

John Alexander Manzoni also recently made the following trade(s):

• On Monday, May 11th, John Alexander Manzoni bought 425 shares of Diageo stock. The shares were acquired at an average cost of GBX 1,545 per share, for a total transaction of £6,566.25.
• On Friday, April 10th, John Alexander Manzoni bought 446 shares of Diageo stock. The stock was acquired at an average price of GBX 1,471 per share, for a total transaction of £6,560.66.

Diageo Trading Down 0.1%

Diageo stock traded down GBX 1.50 during mid-day trading on Wednesday, hitting GBX 1,507. The company’s stock had a trading volume of 608,531,125 shares, compared to its average volume of 36,235,543. The business has a 50 day moving average price of GBX 1,493.34 and a 200-day moving average price of GBX 1,588.63. The company has a debt-to-equity ratio of 208.59, a current ratio of 1.60 and a quick ratio of 0.62. Diageo plc has a 12 month low of GBX 1,350 and a 12 month high of GBX 2,142. The stock has a market cap of £33.51 billion, a price-to-earnings ratio of 13.93, a price-to-earnings-growth ratio of 1.75 and a beta of 0.30.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 2,000 price target on shares of Diageo in a research note on Wednesday, May 27th. Jefferies Financial Group restated a “buy” rating and issued a GBX 2,000 target price on shares of Diageo in a report on Monday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 1,650 target price on shares of Diageo in a research note on Tuesday, May 5th. Finally, UBS Group reissued a “neutral” rating and set a GBX 1,600 price target on shares of Diageo in a research report on Tuesday, May 5th. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Diageo currently has an average rating of “Moderate Buy” and a consensus target price of GBX 2,012.50.

About Diageo

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.