Diageo (LON:DGE) Insider John Alexander Manzoni Buys 340 Shares

Diageo plc (LON:DGE) insider John Alexander Manzoni acquired 340 shares of Diageo stock in a transaction on Wednesday, September 10th. The stock was acquired at an average price of GBX 1,927 per share, with a total value of £6,551.80.

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

• On Monday, August 11th, John Alexander Manzoni purchased 321 shares of Diageo stock. The stock was bought at an average cost of GBX 2,046 per share, for a total transaction of £6,567.66.
• On Wednesday, July 9th, John Alexander Manzoni purchased 335 shares of Diageo stock. The shares were bought at an average price of GBX 1,955 per share, with a total value of £6,549.25.

Diageo Stock Performance

LON DGE opened at GBX 1,920.21 on Thursday. The company has a market capitalization of £42.73 billion, a PE ratio of 1,816.66, a price-to-earnings-growth ratio of 1.75 and a beta of 0.36. The company has a debt-to-equity ratio of 234.57, a quick ratio of 0.62 and a current ratio of 1.94. Diageo plc has a 52-week low of GBX 1,797 and a 52-week high of GBX 2,677. The company has a 50-day simple moving average of GBX 1,978.86 and a 200 day simple moving average of GBX 2,024.70.

Analyst Upgrades and Downgrades

DGE has been the subject of several research analyst reports. The Goldman Sachs Group upgraded shares of Diageo to a “neutral” rating and set a GBX 2,000 price target for the company in a research note on Thursday, August 7th. Berenberg Bank reissued a “buy” rating and set a GBX 2,372 price objective on shares of Diageo in a report on Tuesday, August 5th. Citigroup reaffirmed a “buy” rating on shares of Diageo in a report on Monday, August 4th. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 2,400 target price on shares of Diageo in a research report on Wednesday, July 16th. Finally, Jefferies Financial Group reduced their target price on shares of Diageo from GBX 2,500 to GBX 2,400 and set a “buy” rating for the company in a research note on Monday. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus 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.