Diageo (LON:DGE) Insider John Alexander Manzoni Acquires 348 Shares of Stock

Diageo plc (LON:DGE) insider John Alexander Manzoni purchased 348 shares of the company’s stock in a transaction that occurred on Tuesday, November 10th. The shares were acquired at an average price of GBX 1,887 per share, for a total transaction of £6,566.76.

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

• On Monday, October 12th, John Alexander Manzoni purchased 400 shares of Diageo stock. The shares were bought at an average price of GBX 1,640 per share, for a total transaction of £6,560.
• On Thursday, September 10th, John Alexander Manzoni purchased 414 shares of Diageo stock. The stock was purchased at an average cost of GBX 1,585 per share, for a total transaction of £6,561.90.

Diageo Trading Up 1.4%

Shares of Diageo stock opened at GBX 1,907 on Tuesday. The company’s 50-day moving average price is GBX 1,687.55 and its 200-day moving average price is GBX 1,603.19. The company has a current ratio of 1.60, a quick ratio of 0.62 and a debt-to-equity ratio of 203.12. Diageo plc has a 12-month low of GBX 1,295.50 and a 12-month high of GBX 1,908. The company has a market cap of £42.42 billion, a price-to-earnings ratio of 24.48, a PEG ratio of 1.75 and a beta of 0.31.

Analyst Upgrades and Downgrades

Several analysts have issued reports on DGE shares. Deutsche Bank Aktiengesellschaft increased their target price on shares of Diageo from GBX 1,734 to GBX 1,740 and gave the stock a “hold” rating in a research note on Friday. Jefferies Financial Group restated a “buy” rating and set a GBX 2,200 price target on shares of Diageo in a research report on Thursday, November 5th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 2,223 price target on shares of Diageo in a report on Friday. Finally, Royal Bank Of Canada restated an “outperform” rating and set a GBX 2,000 target price on shares of Diageo in a research report on Monday, August 24th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Diageo presently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,960.50.

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.