Javier Ferran Acquires 18,500 Shares of Diageo plc (DGE) Stock
Diageo plc (LON:DGE) insider Javier Ferran purchased 18,500 shares of the company’s stock in a transaction that occurred on Thursday, September 29th. The shares were purchased 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 2220.50 on Thursday. The firm’s 50-day moving average price is GBX 2,157.40 and its 200 day moving average price is GBX 2,008.30. 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 market cap is GBX 55.74 billion.
The firm also recently disclosed a dividend, which will be paid on Thursday, October 6th. Stockholders of record on Thursday, August 11th will be given a GBX 36.60 ($0.48) dividend. This is a boost from Diageo plc’s previous dividend of $22.60. The ex-dividend date is Thursday, August 11th. This represents a dividend yield of 1.67%.
A number of research analysts have issued reports on DGE shares. Shore Capital reiterated a “buy” rating on shares of Diageo plc in a research note on Thursday, June 9th. Credit Suisse Group AG reiterated an “outperform” rating and set a GBX 2,130 ($27.80) price objective on shares of Diageo plc in a research note on Friday, June 17th. Berenberg Bank reiterated a “buy” rating and set a GBX 2,350 ($30.67) price objective on shares of Diageo plc in a research note on Wednesday, June 22nd. Societe Generale reiterated an “outperform” rating and set a GBX 2,150 ($28.06) price objective on shares of Diageo plc in a research note on Monday, June 27th. Finally, BNP Paribas set a GBX 2,150 ($28.06) price objective on Diageo plc and gave the company a “buy” rating in a research note on Monday, June 27th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and thirteen have given a buy rating to the company. The company 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.
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