Diageo (LON:DGE) Insider John Alexander Manzoni Buys 432 Shares

Diageo plc (LON:DGE) insider John Alexander Manzoni bought 432 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were acquired at an average price of GBX 1,518 per share, for a total transaction of £6,557.76.

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

• On Tuesday, February 10th, John Alexander Manzoni bought 365 shares of Diageo stock. The stock was bought at an average cost of GBX 1,799 per share, with a total value of £6,566.35.
• On Monday, January 12th, John Alexander Manzoni purchased 397 shares of Diageo stock. The stock was 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 bought 410 shares of Diageo stock. The stock was bought at an average cost of GBX 1,600 per share, for a total transaction of £6,560.

Diageo Trading Down 0.4%

Diageo stock opened at GBX 1,515 on Wednesday. The company has a current ratio of 1.60, a quick ratio of 0.62 and a debt-to-equity ratio of 208.59. The stock has a market cap of £33.69 billion, a PE ratio of 14.00, a P/E/G ratio of 1.75 and a beta of 0.17. The stock has a 50-day moving average price of GBX 1,679.70 and a 200 day moving average price of GBX 1,750.34. Diageo plc has a 52 week low of GBX 1,491 and a 52 week high of GBX 2,219.50.

Analyst Ratings Changes

DGE has been the subject of several analyst reports. JPMorgan Chase & Co. restated a “neutral” rating on shares of Diageo in a research note on Thursday, January 22nd. Jefferies Financial Group dropped their price objective on shares of Diageo from GBX 2,300 to GBX 2,000 and set a “buy” rating on the stock in a research note on Thursday, January 15th. Deutsche Bank Aktiengesellschaft cut their target price on Diageo from GBX 1,840 to GBX 1,790 and set a “hold” rating on the stock in a research note on Friday, November 28th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 2,000 price objective on shares of Diageo in a research report on Wednesday, March 4th. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,111.25.

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. 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.