John Alexander Manzoni Acquires 432 Shares of Diageo (LON:DGE) Stock

Diageo plc (LON:DGE) insider John Alexander Manzoni bought 432 shares of Diageo stock in a transaction that occurred on Tuesday, March 10th. The stock was bought at an average cost of GBX 1,518 per share, with a total value of £6,557.76.

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

• On Tuesday, February 10th, John Alexander Manzoni acquired 365 shares of Diageo stock. The stock was bought at an average price of GBX 1,799 per share, with a total value of £6,566.35.
• On Monday, January 12th, John Alexander Manzoni bought 397 shares of Diageo stock. The shares were purchased at an average price of GBX 1,649 per share, for a total transaction of £6,546.53.
• On Wednesday, December 10th, John Alexander Manzoni bought 410 shares of Diageo stock. The stock was purchased at an average price of GBX 1,600 per share, with a total value of £6,560.

Diageo Stock Performance

DGE stock traded down GBX 6 during midday trading on Tuesday, reaching GBX 1,515. 22,044,063 shares of the company were exchanged, compared to its average volume of 52,233,004. The firm has a market capitalization of £33.69 billion, a price-to-earnings ratio of 14.00, a price-to-earnings-growth ratio of 1.75 and a beta of 0.17. 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 business has a 50-day moving average price of GBX 1,681.45 and a two-hundred day moving average price of GBX 1,754.61. Diageo plc has a one year low of GBX 1,491 and a one year high of GBX 2,219.50.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 2,000 price target on shares of Diageo in a research report on Wednesday, March 4th. Jefferies Financial Group dropped their price target on Diageo from GBX 2,300 to GBX 2,000 and set a “buy” rating for the company in a research note on Thursday, January 15th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Diageo in a report on Thursday, January 22nd. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Diageo from GBX 1,840 to GBX 1,790 and set a “hold” rating for the company in a report on Friday, November 28th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Diageo presently has an average rating of “Moderate Buy” and an average target price of GBX 2,111.25.

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.