Diageo plc (LON:DGE – Get Free Report) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 1,584.99 and traded as high as GBX 1,751.50. Diageo shares last traded at GBX 1,745.42, with a volume of 3,169,931 shares traded.
Analyst Upgrades and Downgrades
DGE has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft decreased their price target on Diageo from GBX 1,770 to GBX 1,734 and set a “hold” rating for the company in a research note on Wednesday, September 16th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 2,200 price objective on shares of Diageo in a research report on Wednesday, October 14th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,223 price objective on shares of Diageo in a research report on Friday, August 7th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a GBX 2,000 price objective on shares of Diageo in a research report on Monday, August 24th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Diageo currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,959.50.
View Our Latest Stock Analysis on Diageo
Diageo Trading Down 0.0%
The stock has a market cap of £39.81 billion, a price-to-earnings ratio of 22.97, a price-to-earnings-growth ratio of 1.75 and a beta of 0.31. The business has a 50 day simple moving average of GBX 1,669.85 and a two-hundred day simple moving average of GBX 1,587.86. The company has a current ratio of 1.60, a quick ratio of 0.62 and a debt-to-equity ratio of 203.12.
Insider Transactions at Diageo
In other Diageo news, insider John Alexander Manzoni purchased 414 shares of Diageo stock in a transaction on Thursday, September 10th. The stock was bought at an average price of GBX 1,585 per share, for a total transaction of £6,561.90. Over the last three months, insiders purchased 1,203 shares of company stock valued at $2,000,783. Corporate insiders own 0.16% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than Diageo
- Spotify Soars After Earnings as the Company Touts AI Benefits and Moderating Costs
- Lockheed Martin’s Record $292 Billion Backlog Comes With a Delivery Test
- Palantir’s Next Big Test Isn’t a Partnership—It’s the Numbers
- Kinder Morgan’s $4.7 Billion Pipeline Bet Could Be Bigger Than Its Earnings Beat
Receive News & Ratings for Diageo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diageo and related companies with MarketBeat.com's FREE daily email newsletter.
