Insider Buying: Diageo (LON:DGE) Insider Buys £6,562.14 in Stock

Diageo plc (LON:DGE) insider John Alexander Manzoni acquired 358 shares of the business’s stock in a transaction dated Friday, October 10th. The stock was purchased at an average price of GBX 1,833 per share, with a total value of £6,562.14.

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

• On Wednesday, September 10th, John Alexander Manzoni acquired 340 shares of Diageo stock. The stock was purchased at an average price of GBX 1,927 per share, with a total value of £6,551.80.
• On Monday, August 11th, John Alexander Manzoni bought 321 shares of Diageo stock. The stock was bought at an average price of GBX 2,046 per share, for a total transaction of £6,567.66.

Diageo Stock Performance

Shares of LON DGE opened at GBX 1,796.50 on Monday. The company has a quick ratio of 0.62, a current ratio of 1.94 and a debt-to-equity ratio of 234.57. The stock has a market capitalization of £39.94 billion, a price-to-earnings ratio of 1,699.62, a PEG ratio of 1.75 and a beta of 0.36. The stock’s fifty day simple moving average is GBX 1,928.43 and its 200 day simple moving average is GBX 1,974.96. Diageo plc has a 52-week low of GBX 1,736.87 and a 52-week high of GBX 2,677.

Analyst Ratings Changes

DGE has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Diageo from GBX 2,010 to GBX 2,060 and gave the company a “hold” rating in a report on Tuesday, August 5th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Diageo in a research report on Thursday, August 7th. The Goldman Sachs Group upgraded shares of Diageo to a “neutral” rating and set a GBX 2,000 target price on the stock in a research note on Thursday, August 7th. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 2,400 target price on shares of Diageo in a research note on Wednesday, July 16th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 2,372 price target on shares of Diageo in a research report on Tuesday, August 5th. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Diageo has a consensus rating of “Moderate Buy” and an average target price of GBX 2,378.86.

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.