Diageo (LON:DGE) Insider John Alexander Manzoni Acquires 446 Shares

Key Points

• Insider buying: Diageo insider John Alexander Manzoni made a fourth recent purchase on April 10, acquiring 446 shares at GBX 1,471 (about £6,560), continuing a pattern of small, regular buys in January, February and March.
• Stock and analyst view: Diageo traded around GBX 1,452 (market cap £32.29bn) with a 12‑month range of GBX 1,350–2,215; analysts hold a consensus "Moderate Buy" with an average target of GBX 2,111.25 (five Buy, three Hold).

Diageo plc (LON:DGE - Get Free Report) insider John Alexander Manzoni purchased 446 shares of the firm's stock in a transaction dated Friday, April 10th. The shares were bought at an average price of GBX 1,471 per share, with a total value of £6,560.66.

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

• On Tuesday, March 10th, John Alexander Manzoni purchased 432 shares of Diageo stock. The shares were bought at an average price of GBX 1,518 per share, with a total value of £6,557.76.
• On Tuesday, February 10th, John Alexander Manzoni purchased 365 shares of Diageo stock. The shares were bought at an average price of GBX 1,799 per share, with a total value of £6,566.35.
• On Monday, January 12th, John Alexander Manzoni purchased 397 shares of Diageo stock. The shares were bought at an average price of GBX 1,649 per share, with a total value of £6,546.53.

Diageo Stock Performance

Diageo stock traded up GBX 5 on Friday, reaching GBX 1,452. 33,743,191 shares of the stock were exchanged, compared to its average volume of 38,960,250. The stock has a market cap of £32.29 billion, a PE ratio of 13.42, a PEG ratio of 1.75 and a beta of 0.30. The company has a current ratio of 1.60, a quick ratio of 0.62 and a debt-to-equity ratio of 208.59. Diageo plc has a twelve month low of GBX 1,350 and a twelve month high of GBX 2,215. The firm has a fifty day moving average price of GBX 1,577.26 and a two-hundred day moving average price of GBX 1,668.52.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. JPMorgan Chase & Co. reissued a "neutral" rating on shares of Diageo in a research report on Thursday, January 22nd. Royal Bank Of Canada reissued an "outperform" rating and set a GBX 2,000 target price on shares of Diageo in a research report on Wednesday, March 4th. Finally, Jefferies Financial Group cut their target price on shares of Diageo from GBX 2,300 to GBX 2,000 and set a "buy" rating for the company in a research report on Thursday, January 15th. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, Diageo currently has a consensus rating of "Moderate Buy" and an average target price of GBX 2,111.25.

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.

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