John Rishton Acquires 3,274 Shares of Diageo (LON:DGE) Stock

Diageo plc (LON:DGE) insider John Rishton acquired 3,274 shares of Diageo stock in a transaction dated Monday, May 18th. The stock was purchased at an average cost of GBX 1,527 per share, for a total transaction of £49,993.98.

Diageo Trading Up 1.9%

Shares of LON:DGE traded up GBX 29.31 during trading on Monday, reaching GBX 1,548.50. The stock had a trading volume of 1,243,544,000 shares, compared to its average volume of 48,245,180. The stock has a market cap of £34.43 billion, a price-to-earnings ratio of 14.31, a P/E/G ratio of 1.75 and a beta of 0.30. Diageo plc has a 52 week low of GBX 1,350 and a 52 week high of GBX 2,215. The firm’s fifty day moving average is GBX 1,459.21 and its 200 day moving average is GBX 1,616.14. The company has a debt-to-equity ratio of 208.59, a quick ratio of 0.62 and a current ratio of 1.60.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on DGE. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 1,650 target price on shares of Diageo in a research note on Tuesday, May 5th. UBS Group reissued a “neutral” rating and set a GBX 1,600 price objective on shares of Diageo in a research report on Tuesday, May 5th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Diageo in a report on Thursday, January 22nd. Jefferies Financial Group restated a “buy” rating and set a GBX 1,900 target price on shares of Diageo in a report on Wednesday, May 6th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a GBX 2,000 target price on shares of Diageo in a report on Wednesday, March 4th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 2,000.

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.