John Alexander Manzoni Acquires 414 Shares of Diageo (LON:DGE) Stock

Diageo plc (LON:DGE) insider John Alexander Manzoni acquired 414 shares of the stock in a transaction on Thursday, September 10th. The shares were acquired at an average price of GBX 1,585 per share, with a total value of £6,561.90.

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

• On Monday, August 10th, John Alexander Manzoni bought 362 shares of Diageo stock. The stock was purchased at an average price of GBX 1,809 per share, with a total value of £6,548.58.
• On Friday, July 10th, John Alexander Manzoni purchased 436 shares of Diageo stock. The stock was acquired at an average price of GBX 1,503 per share, for a total transaction of £6,553.08.

Diageo Stock Up 0.1%

LON:DGE traded up GBX 2 on Thursday, hitting GBX 1,600. 82,734,180 shares of the company’s stock traded hands, compared to its average volume of 21,609,887. The firm has a 50-day moving average price of GBX 1,640.04 and a 200-day moving average price of GBX 1,555.45. The company has a current ratio of 1.60, a quick ratio of 0.62 and a debt-to-equity ratio of 203.12. The company has a market cap of £35.58 billion, a PE ratio of 20.54, a price-to-earnings-growth ratio of 1.75 and a beta of 0.31. Diageo plc has a 1 year low of GBX 1,295.50 and a 1 year high of GBX 1,938.

Analyst Ratings Changes

A number of analysts recently issued reports on DGE shares. 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. Jefferies Financial Group upped their price target on Diageo from GBX 2,000 to GBX 2,200 and gave the stock a “buy” rating in a report on Monday, August 10th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 1,700 price objective on shares of Diageo in a research note on Friday, August 7th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,223 target price on shares of Diageo in a research report on Friday, August 7th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 2,029.

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.