Diageo plc (LON:DGE - Get Free Report) hit a new 52-week low on Monday . The company traded as low as GBX 1,820 ($24.99) and last traded at GBX 1,822 ($25.02), with a volume of 36689688 shares trading hands. The stock had previously closed at GBX 1,834.50 ($25.19).
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 2,372 ($32.57) price target on shares of Diageo in a research report on Wednesday, May 21st. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Diageo currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 2,665.33 ($36.60).
Check Out Our Latest Research Report on Diageo
Diageo Trading Down 0.4%
The company has a debt-to-equity ratio of 234.57, a quick ratio of 0.62 and a current ratio of 1.94. The stock has a market capitalization of £40.58 billion, a PE ratio of 10.24, a price-to-earnings-growth ratio of 1.75 and a beta of 0.36. The business's 50-day moving average is GBX 2,029.42 and its two-hundred day moving average is GBX 2,176.36.
Insider Transactions at Diageo
In related news, insider John Alexander Manzoni acquired 331 shares of the firm's stock in a transaction that occurred on Tuesday, June 10th. The shares were purchased at an average price of GBX 1,985 ($27.26) per share, with a total value of £6,570.35 ($9,022.73). Insiders have bought 953 shares of company stock worth $1,983,862 over the last three months. Corporate insiders own 0.11% of the company's stock.
About Diageo
(
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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.
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