Diageo plc (LON:DGE) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Diageo plc (LON:DGE) have earned a consensus rating of “Moderate Buy” from the eight research firms that are currently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 2,111.25.

Several equities analysts have recently weighed in on the company. UBS Group reissued a “buy” rating and set a GBX 2,250 price target on shares of Diageo in a report on Friday, October 31st. Citigroup reduced their price objective on Diageo from GBX 2,750 to GBX 2,480 and set a “buy” rating for the company in a research report on Monday, October 20th. Jefferies Financial Group dropped their target price on 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. Royal Bank Of Canada upgraded Diageo to an “outperform” rating and set a GBX 2,000 price target for the company in a research note on Tuesday, January 6th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target 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.

Insider Buying and Selling

In related news, insider John Alexander Manzoni purchased 397 shares of Diageo stock in a transaction on Monday, January 12th. The stock was acquired at an average price of GBX 1,649 per share, for a total transaction of £6,546.53. Insiders have purchased 1,188 shares of company stock worth $2,011,478 over the last three months. 0.16% of the stock is currently owned by corporate insiders.

Diageo Stock Down 0.3%

Shares of Diageo stock opened at GBX 1,671.50 on Monday. Diageo has a twelve month low of GBX 1,421.50 and a twelve month high of GBX 2,535. The company has a quick ratio of 0.62, a current ratio of 1.94 and a debt-to-equity ratio of 234.57. The company’s 50 day moving average is GBX 1,665.94 and its 200 day moving average is GBX 1,810.53. The company has a market cap of £37.16 billion, a price-to-earnings ratio of 15.81, a price-to-earnings-growth ratio of 1.75 and a beta of 0.36.

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.