Diageo (LON:DGE) Insider John Alexander Manzoni Buys 397 Shares

Diageo plc (LON:DGE) insider John Alexander Manzoni acquired 397 shares of Diageo stock in a transaction dated Monday, January 12th. The stock was purchased at an average price of GBX 1,649 per share, for a total transaction of £6,546.53.

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

• On Wednesday, December 10th, John Alexander Manzoni acquired 410 shares of Diageo stock. The shares were purchased at an average cost of GBX 1,600 per share, for a total transaction of £6,560.
• On Monday, November 10th, John Alexander Manzoni bought 355 shares of Diageo stock. The shares were acquired at an average price of GBX 1,850 per share, with a total value of £6,567.50.

Diageo Price Performance

DGE stock traded up GBX 44.50 during trading hours on Monday, hitting GBX 1,674.50. 5,712,803 shares of the stock traded hands, compared to its average volume of 137,389,125. Diageo plc has a one year low of GBX 1,564 and a one year high of GBX 2,565. The company has a current ratio of 1.94, a quick ratio of 0.62 and a debt-to-equity ratio of 234.57. The company has a market cap of £37.23 billion, a P/E ratio of 15.84, a P/E/G ratio of 1.75 and a beta of 0.36. The stock has a 50-day simple moving average of GBX 1,690.51 and a 200 day simple moving average of GBX 1,826.22.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft cut their target price 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 reissued a “buy” rating and set a GBX 2,300 price objective on shares of Diageo in a report on Friday, November 7th. UBS Group reaffirmed a “buy” rating and issued a GBX 2,250 target price on shares of Diageo in a research note on Friday, October 31st. JPMorgan Chase & Co. reduced their price objective on shares of Diageo from GBX 2,500 to GBX 2,000 and set a “neutral” rating on the stock in a research note on Wednesday, November 26th. Finally, Berenberg Bank lowered their target price on shares of Diageo from GBX 2,372 to GBX 2,370 and set a “buy” rating on the stock in a report on Thursday, November 6th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Diageo has an average rating of “Moderate Buy” and a consensus price target of GBX 2,148.75.

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.