Diageo plc (LON:DGE) Receives GBX 2,665.33 Consensus PT from Analysts

Diageo plc (LON:DGE - Get Free Report) has received an average recommendation of "Moderate Buy" from the six analysts that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 2,665.33 ($35.77).

Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 2,372 ($31.83) price objective on shares of Diageo in a research note on Wednesday, May 21st.

Diageo Stock Performance

Shares of Diageo stock traded down GBX 14 ($0.19) on Friday, hitting GBX 1,899 ($25.48). The stock had a trading volume of 4,248,140 shares, compared to its average volume of 4,171,518. Diageo has a 52-week low of GBX 1,883 ($25.27) and a 52-week high of GBX 2,731.50 ($36.65). 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 stock has a market cap of £42.16 billion, a price-to-earnings ratio of 10.64, a P/E/G ratio of 1.75 and a beta of 0.36. The company's 50 day moving average price is GBX 2,059.85 and its 200 day moving average price is GBX 2,203.96.

Insider Buying and Selling at Diageo

In related news, insider John Alexander Manzoni bought 315 shares of the stock in a transaction on Thursday, April 10th. The shares were purchased at an average price of GBX 2,079 ($27.90) per share, for a total transaction of £6,548.85 ($8,788.04). In the last 90 days, insiders have purchased 953 shares of company stock worth $1,983,862. 0.11% of the stock is owned by insiders.

About Diageo

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products.