Diageo (LON:DGE) Insider Nik Jhangiani Buys 10 Shares

Diageo plc (LON:DGE) insider Nik Jhangiani bought 10 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was acquired at an average cost of GBX 1,484 per share, for a total transaction of £148.40.

Nik Jhangiani also recently made the following trade(s):

• On Monday, May 11th, Nik Jhangiani bought 10 shares of Diageo stock. The stock was acquired at an average cost of GBX 1,542 per share, for a total transaction of £154.20.

Diageo Price Performance

Shares of DGE traded down GBX 10.25 on Monday, hitting GBX 1,504.25. The company’s stock had a trading volume of 856,096,375 shares, compared to its average volume of 37,576,387. The company has a market capitalization of £33.45 billion, a PE ratio of 13.90, a PEG ratio of 1.75 and a beta of 0.30. The company has a debt-to-equity ratio of 208.59, a current ratio of 1.60 and a quick ratio of 0.62. Diageo plc has a fifty-two week low of GBX 1,350 and a fifty-two week high of GBX 2,142. The company has a 50 day moving average price of GBX 1,499.62 and a 200 day moving average price of GBX 1,583.87.

Wall Street Analyst Weigh In

DGE has been the topic of several research analyst reports. Jefferies Financial Group reissued a “buy” rating and set a GBX 2,000 price target on shares of Diageo in a research note on Monday, June 8th. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 2,000 price target on shares of Diageo in a research note on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,650 price target on shares of Diageo in a research note on Tuesday, May 5th. Finally, UBS Group reaffirmed a “neutral” rating and issued a GBX 1,600 price objective on shares of Diageo in a research note on Tuesday, May 5th. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,012.50.

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.