Diageo plc (DGE) Insider Javier Ferran Buys 18,500 Shares of Stock
Diageo plc (LON:DGE) insider Javier Ferran acquired 18,500 shares of the business’s stock in a transaction dated Thursday, September 29th. The shares were bought at an average price of GBX 2,221 ($28.99) per share, for a total transaction of £410,885 ($536,333.38).
Shares of Diageo plc (LON:DGE) opened at 2268.00 on Wednesday. The firm’s market capitalization is GBX 56.94 billion. Diageo plc has a 12 month low of GBX 1,724.50 and a 12 month high of GBX 2,286.50. The company’s 50 day moving average price is GBX 2,156.49 and its 200-day moving average price is GBX 2,005.81.
The company also recently announced a dividend, which will be paid on Thursday, October 6th. Shareholders of record on Thursday, August 11th will be given a dividend of GBX 36.60 ($0.48) per share. This represents a yield of 1.67%. This is an increase from Diageo plc’s previous dividend of $22.60. The ex-dividend date is Thursday, August 11th.
Several equities analysts have recently issued reports on the stock. Liberum Capital assumed coverage on shares of Diageo plc in a report on Monday. They set a “hold” rating and a GBX 2,182 ($28.48) price objective on the stock. Beaufort Securities reiterated a “buy” rating on shares of Diageo plc in a report on Thursday, September 22nd. Societe Generale reiterated a “hold” rating and issued a GBX 2,308 ($30.13) price target on shares of Diageo plc in a report on Wednesday, September 21st. Jefferies Group reiterated a “buy” rating and issued a GBX 2,500 ($32.63) price target on shares of Diageo plc in a report on Wednesday, September 21st. Finally, Barclays PLC reiterated an “equal weight” rating and issued a GBX 2,150 ($28.06) price target on shares of Diageo plc in a report on Wednesday, September 21st. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and thirteen have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of GBX 2,164.96 ($28.26).
About Diageo plc
Diageo plc (Diageo) is a drinks business company. The Company is a provider of beverage alcohol of various brands in spirits, beer and wine. The Company produces its brands from more than 200 sites in over 30 countries. Diageo owns manufacturing production facilities across the globe, including maltings, distilleries, breweries, packaging plants, maturation warehouses, cooperages, vineyards, wineries and distribution warehouses.
Receive News & Stock Ratings for Diageo plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diageo plc and related stocks with our FREE daily email newsletter.