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

Diageo plc (LON:DGE) insider John Alexander Manzoni acquired 432 shares of Diageo stock in a transaction that occurred on Tuesday, March 10th. The stock was purchased at an average cost of GBX 1,518 per share, with a total value 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 acquired 397 shares of Diageo stock. The stock was acquired at an average price of GBX 1,649 per share, for a total transaction of £6,546.53.
• On Wednesday, December 10th, John Alexander Manzoni purchased 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 Stock Down 0.4%

Shares of DGE traded down GBX 6 during mid-day trading on Tuesday, hitting GBX 1,515. 22,044,063 shares of the company’s stock were exchanged, compared to its average volume of 52,233,004. Diageo plc has a fifty-two week low of GBX 1,491 and a fifty-two week high of GBX 2,219.50. The company has a market cap of £33.69 billion, a price-to-earnings ratio of 14.00, a P/E/G ratio of 1.75 and a beta of 0.17. The company has a debt-to-equity ratio of 208.59, a quick ratio of 0.62 and a current ratio of 1.60. The stock’s 50-day moving average is GBX 1,681.45 and its 200-day moving average is GBX 1,754.61.

Analysts Set New Price Targets

A number of brokerages recently weighed in on DGE. Deutsche Bank Aktiengesellschaft decreased 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 note on Friday, November 28th. Jefferies Financial Group dropped their price target 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. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Diageo in a report on Thursday, January 22nd. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 2,000 target price on shares of Diageo in a research note on Wednesday, March 4th. Five analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average 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.