Diageo (LON:DGE) Stock: Insider John Alexander Manzoni Buys 348 Shares

Diageo plc (LON:DGE) insider John Alexander Manzoni bought 348 shares of Diageo stock in a transaction on Tuesday, November 10th. The stock was acquired at an average cost of GBX 1,887 per share, for a total transaction of £6,566.76.

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

• On Monday, October 12th, John Alexander Manzoni purchased 400 shares of Diageo stock. The stock was acquired at an average price of GBX 1,640 per share, for a total transaction of £6,560.
• On Thursday, September 10th, John Alexander Manzoni purchased 414 shares of Diageo stock. The shares were acquired at an average cost of GBX 1,585 per share, with a total value of £6,561.90.

Diageo Price Performance

Diageo stock opened at GBX 1,907 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 1,908. The stock has a market capitalization of £42.42 billion, a P/E ratio of 24.48, a price-to-earnings-growth ratio of 1.75 and a beta of 0.31. The stock has a fifty day moving average of GBX 1,687.55 and a 200-day moving average of GBX 1,603.19.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on DGE shares. Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,223 price target on shares of Diageo in a report on Friday. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 2,000 price objective on shares of Diageo in a research note on Monday, August 24th. Jefferies Financial Group reissued a “buy” rating and set a GBX 2,200 price target on shares of Diageo in a research note on Thursday, November 5th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Diageo from GBX 1,734 to GBX 1,740 and gave the stock a “hold” rating in a research report on Friday. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,960.50.

Diageo Company Profile

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.