Diageo (LON:DGE) Insider John Alexander Manzoni Purchases 410 Shares of Stock

Diageo plc (LON:DGE) insider John Alexander Manzoni bought 410 shares of Diageo stock in a transaction dated Wednesday, December 10th. The shares were acquired at an average price of GBX 1,600 per share, with a total value of £6,560.

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

• On Monday, November 10th, John Alexander Manzoni acquired 355 shares of Diageo stock. The stock was bought at an average price of GBX 1,850 per share, for a total transaction of £6,567.50.
• On Friday, October 10th, John Alexander Manzoni acquired 358 shares of Diageo stock. The stock was bought at an average cost of GBX 1,833 per share, for a total transaction of £6,562.14.

Diageo Stock Performance

LON DGE opened at GBX 1,602 on Thursday. The stock has a market cap of £35.62 billion, a PE ratio of 15.16, a P/E/G 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. The firm has a 50-day moving average of GBX 1,764.32 and a 200-day moving average of GBX 1,877.28. Diageo plc has a 52-week low of GBX 1,587 and a 52-week high of GBX 2,619.50.

Analyst Upgrades and Downgrades

DGE has been the subject of a number of research analyst reports. Jefferies Financial Group restated a “buy” rating and set a GBX 2,300 price objective on shares of Diageo in a report on Friday, November 7th. UBS Group restated a “buy” rating and issued a GBX 2,250 price target on shares of Diageo in a research note on Friday, October 31st. JPMorgan Chase & Co. decreased their price objective on Diageo from GBX 2,500 to GBX 2,000 and set a “neutral” rating on the stock in a report on Wednesday, November 26th. Berenberg Bank lowered their price objective on Diageo from GBX 2,372 to GBX 2,370 and set a “buy” rating on the stock in a research report on Thursday, November 6th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on shares of Diageo from GBX 1,840 to GBX 1,790 and set a “hold” rating for the company in a research report on Friday, November 28th. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,198.75.

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.