Diageo plc (LON:DGE – Get Free Report) insider John Rishton acquired 3,274 shares of the company’s stock in a transaction on Monday, May 18th. The shares were purchased at an average cost of GBX 1,527 per share, with a total value of £49,993.98.
Diageo Stock Up 1.9%
DGE traded up GBX 29.31 on Monday, hitting GBX 1,548.50. The company had a trading volume of 1,243,544,000 shares, compared to its average volume of 48,245,180. Diageo plc has a 12-month low of GBX 1,350 and a 12-month high of GBX 2,215. The stock has a market capitalization of £34.43 billion, a price-to-earnings ratio of 14.31, a P/E/G ratio of 1.75 and a beta of 0.30. The company has a debt-to-equity ratio of 208.59, a quick ratio of 0.62 and a current ratio of 1.60. The stock has a fifty day moving average price of GBX 1,459.21 and a 200-day moving average price of GBX 1,616.14.
Analysts Set New Price Targets
Several analysts have issued reports on the company. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,900 target price on shares of Diageo in a report on Wednesday, May 6th. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 2,000 price target on shares of Diageo in a research report on Wednesday, March 4th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 1,650 price objective on shares of Diageo in a research note on Tuesday, May 5th. UBS Group reissued a “neutral” rating and issued a GBX 1,600 price objective on shares of Diageo in a report on Tuesday, May 5th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating on shares of Diageo in a report on Thursday, January 22nd. 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, Diageo currently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,000.
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.
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