Diageo (LON:DGE – Get Free Report) had its price objective dropped by stock analysts at Citigroup from GBX 3,600 ($44.21) to GBX 3,050 ($37.46) in a research report issued on Monday, MarketBeat Ratings reports. The firm presently has a “neutral” rating on the stock. Citigroup’s price target indicates a potential upside of 5.23% from the stock’s current price.
Diageo Trading Up 0.3 %
Shares of DGE opened at GBX 2,898.50 ($35.59) on Monday. Diageo has a 52-week low of GBX 2,719 ($33.39) and a 52-week high of GBX 3,881.50 ($47.67). The company has a quick ratio of 0.62, a current ratio of 1.63 and a debt-to-equity ratio of 186.47. The firm’s fifty day moving average is GBX 3,102.57 and its two-hundred day moving average is GBX 3,287.62. The stock has a market cap of £64.93 billion, a PE ratio of 1,767.38, a price-to-earnings-growth ratio of 1.81 and a beta of 0.40.
Insiders Place Their Bets
In other Diageo news, insider Javier Ferrán bought 289 shares of the stock in a transaction on Monday, November 13th. The shares were bought at an average price of GBX 2,860 ($35.12) per share, with a total value of £8,265.40 ($10,150.31). Insiders have acquired a total of 303 shares of company stock valued at $869,586 in the last 90 days. 0.15% of the stock is owned by insiders.
Diageo Company Profile
Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products.
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