Diageo (LON:DGE) Insider John Alexander Manzoni Acquires 340 Shares

Key Points

• Diageo insider John Alexander Manzoni purchased 340 shares at an average price of GBX 1,927, totaling £6,551.80, following similar transactions in August and July.
• Diageo stock is currently down 1.4%, trading at GBX 1,919.50 with a market capitalization of £42.72 billion.
• Analysts have mixed ratings on Diageo, with a consensus rating of "Moderate Buy" and an average price target of GBX 2,378.86.

Diageo plc (LON:DGE - Get Free Report) insider John Alexander Manzoni purchased 340 shares of Diageo stock in a transaction that occurred on Wednesday, September 10th. The stock was acquired at an average price of GBX 1,927 per share, for a total transaction of £6,551.80.

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

• On Monday, August 11th, John Alexander Manzoni purchased 321 shares of Diageo stock. The stock was acquired at an average price of GBX 2,046 per share, for a total transaction of £6,567.66.
• On Wednesday, July 9th, John Alexander Manzoni purchased 335 shares of Diageo stock. The stock was acquired at an average price of GBX 1,955 per share, for a total transaction of £6,549.25.

Diageo Price Performance

DGE traded down GBX 32.67 during trading hours on Monday, hitting GBX 1,846.50. The company's stock had a trading volume of 2,789,923 shares, compared to its average volume of 4,308,529. The business's 50-day moving average price is GBX 1,977.72 and its 200-day moving average price is GBX 2,018.67. Diageo plc has a 12 month low of GBX 1,797 and a 12 month high of GBX 2,677. The stock has a market cap of £41.09 billion, a price-to-earnings ratio of 1,746.93, a P/E/G ratio of 1.75 and a beta of 0.36. The company has a current ratio of 1.94, a quick ratio of 0.62 and a debt-to-equity ratio of 234.57.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Berenberg Bank reiterated a "buy" rating and set a GBX 2,372 price objective on shares of Diageo in a research report on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Diageo from GBX 2,010 to GBX 2,060 and gave the company a "hold" rating in a research report on Tuesday, August 5th. The Goldman Sachs Group upgraded shares of Diageo to a "neutral" rating and set a GBX 2,000 price objective on the stock in a research report on Thursday, August 7th. JPMorgan Chase & Co. reiterated a "neutral" rating on shares of Diageo in a research report on Thursday, August 7th. Finally, Royal Bank Of Canada restated a "sector perform" rating and issued a GBX 2,400 price target on shares of Diageo in a report on Wednesday, July 16th. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 2,378.86.

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.