Diageo plc (LON:DGE) Receives Consensus Rating of "Moderate Buy" from Analysts

Shares of Diageo plc (LON:DGE - Get Free Report) have earned an average rating of "Moderate Buy" from the seven analysts that are presently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is GBX 2,458.67.

A number of equities research analysts recently weighed in on the stock. Royal Bank Of Canada reissued a "sector perform" rating and set a GBX 2,400 ($32.06) price target on shares of Diageo in a research note on Wednesday, July 16th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Diageo from GBX 2,010 ($26.85) to GBX 2,060 ($27.52) and gave the stock a "hold" rating in a research note on Tuesday. Berenberg Bank reissued a "buy" rating and set a GBX 2,372 ($31.69) price target on shares of Diageo in a research report on Tuesday. Jefferies Financial Group reiterated a "buy" rating and set a GBX 2,500 ($33.40) target price on shares of Diageo in a report on Tuesday. Finally, JPMorgan Chase & Co. restated a "neutral" rating on shares of Diageo in a report on Thursday.

Insider Buying and Selling at Diageo

In related news, insider John Alexander Manzoni purchased 335 shares of the stock in a transaction that occurred on Wednesday, July 9th. The stock was acquired at an average cost of GBX 1,955 ($26.12) per share, with a total value of £6,549.25 ($8,748.66). In the last quarter, insiders have bought 981 shares of company stock valued at $1,999,510. Corporate insiders own 0.11% of the company's stock.

Diageo Price Performance

LON:DGE traded up GBX 41.49 ($0.55) during trading hours on Monday, reaching GBX 2,024.99 ($27.05). The company had a trading volume of 7,592,971 shares, compared to its average volume of 4,397,887. Diageo has a one year low of GBX 1,797 ($24.00) and a one year high of GBX 2,677 ($35.76). The firm has a market capitalization of £44.95 billion, a PE ratio of 11.34, a PEG ratio of 1.75 and a beta of 0.36. The stock has a 50-day moving average of GBX 1,918.72 and a two-hundred day moving average of GBX 2,067.82. The company has a quick ratio of 0.62, a current ratio of 1.94 and a debt-to-equity ratio of 234.57.

About Diageo

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.