Diageo (LON:DGE) Insider John Alexander Manzoni Acquires 365 Shares of Stock

Diageo plc (LON:DGE) insider John Alexander Manzoni bought 365 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The stock was purchased at an average price of GBX 1,799 per share, for a total transaction of £6,566.35.

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

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

Diageo Trading Up 1.8%

Diageo stock opened at GBX 1,787.77 on Wednesday. Diageo plc has a 52 week low of GBX 1,421.50 and a 52 week high of GBX 2,226. 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 market capitalization of £39.75 billion, a PE ratio of 16.91, a PEG ratio of 1.75 and a beta of 0.36. The business’s 50-day simple moving average is GBX 1,656.57 and its 200-day simple moving average is GBX 1,792.12.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 2,000 price objective on shares of Diageo in a research report on Monday, February 2nd. Jefferies Financial Group dropped their target price on shares of Diageo from GBX 2,300 to GBX 2,000 and set a “buy” rating on the stock in a research report on Thursday, January 15th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Diageo in a report on Thursday, January 22nd. Citigroup decreased their price target on shares of Diageo from GBX 2,750 to GBX 2,480 and set a “buy” rating on the stock in a research report on Monday, October 20th. Finally, Deutsche Bank Aktiengesellschaft cut 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 research report on Friday, November 28th. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,111.25.

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.