Diageo (LON:DGE) Insider John Alexander Manzoni Purchases 446 Shares

Diageo plc (LON:DGE) insider John Alexander Manzoni bought 446 shares of Diageo stock in a transaction that occurred on Friday, April 10th. The stock was purchased at an average cost of GBX 1,471 per share, for a total transaction of £6,560.66.

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

• On Tuesday, March 10th, John Alexander Manzoni bought 432 shares of Diageo stock. The stock was purchased at an average cost of GBX 1,518 per share, for a total transaction of £6,557.76.
• On Tuesday, February 10th, John Alexander Manzoni bought 365 shares of Diageo stock. The stock was purchased at an average cost of GBX 1,799 per share, for a total transaction of £6,566.35.
• On Monday, January 12th, John Alexander Manzoni purchased 397 shares of Diageo stock. The shares were acquired at an average price of GBX 1,649 per share, with a total value of £6,546.53.

Diageo Stock Performance

LON DGE opened at GBX 1,452 on Friday. The company has a 50-day simple moving average of GBX 1,572.79 and a two-hundred day simple moving average of GBX 1,666.24. The company has a quick ratio of 0.62, a current ratio of 1.60 and a debt-to-equity ratio of 208.59. Diageo plc has a 12-month low of GBX 1,350 and a 12-month high of GBX 2,215. The firm has a market cap of £32.29 billion, a price-to-earnings ratio of 13.42, a PEG ratio of 1.75 and a beta of 0.30.

Analysts Set New Price Targets

Several research firms have issued reports on DGE. JPMorgan Chase & Co. restated a “neutral” rating on shares of Diageo in a research report on Thursday, January 22nd. Jefferies Financial Group cut their price target on shares of Diageo from GBX 2,300 to GBX 2,000 and set a “buy” rating for the company in a research report on Thursday, January 15th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a GBX 2,000 price target 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 assigned a Hold rating to the company. Based on data from MarketBeat, Diageo presently has a consensus rating of “Moderate Buy” and a consensus target price 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.