Diageo (LON:DGE) Insider Acquires £150.50 in Stock

Diageo plc (LON:DGE) insider Nik Jhangiani bought 10 shares of the business’s stock in a transaction on Friday, July 10th. The shares were bought at an average cost of GBX 1,505 per share, for a total transaction of £150.50.

Nik Jhangiani also recently made the following trade(s):

• On Wednesday, June 10th, Nik Jhangiani purchased 10 shares of Diageo stock. The stock was bought at an average price of GBX 1,484 per share, for a total transaction of £148.40.
• On Monday, May 11th, Nik Jhangiani purchased 10 shares of Diageo stock. The stock was bought at an average cost of GBX 1,542 per share, with a total value of £154.20.

Diageo Price Performance

Shares of DGE opened at GBX 1,533.50 on Monday. The business has a 50-day moving average of GBX 1,528.61 and a 200-day moving average of GBX 1,561.54. The company has a debt-to-equity ratio of 208.59, a current ratio of 1.60 and a quick ratio of 0.62. The company has a market capitalization of £34.10 billion, a price-to-earnings ratio of 14.17, a price-to-earnings-growth ratio of 1.75 and a beta of 0.31. Diageo plc has a 1 year low of GBX 1,350 and a 1 year high of GBX 2,142.

Analyst Ratings Changes

DGE has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 1,759 price target on shares of Diageo in a research report on Wednesday, June 24th. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 2,000 target price on shares of Diageo in a research note on Wednesday, May 27th. Jefferies Financial Group reissued a “buy” rating and set a £222.30 target price on shares of Diageo in a research note on Friday, June 26th. Finally, UBS Group reaffirmed a “neutral” rating and set a GBX 1,600 price target on shares of Diageo in a research report on Tuesday, May 5th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Diageo presently has a consensus rating of “Moderate Buy” and an average price target of GBX 4,554.88.

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.