John Alexander Manzoni Acquires 335 Shares of Diageo plc (LON:DGE) Stock

Diageo plc (LON:DGE - Get Free Report) insider John Alexander Manzoni bought 335 shares of the company's stock in a transaction on Wednesday, July 9th. The stock was purchased at an average price of GBX 1,955 ($26.57) per share, with a total value of £6,549.25 ($8,900.86).

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

• On Tuesday, June 10th, John Alexander Manzoni bought 331 shares of Diageo stock. The stock was purchased at an average price of GBX 1,985 ($26.98) per share, with a total value of £6,570.35 ($8,929.53).
• On Monday, May 12th, John Alexander Manzoni purchased 299 shares of Diageo stock. The stock was bought at an average cost of GBX 2,194 ($29.82) per share, with a total value of £6,560.06 ($8,915.55).

Diageo Stock Up 0.5%

Diageo stock traded up GBX 9.50 ($0.13) during mid-day trading on Thursday, reaching GBX 1,924.50 ($26.16). The stock had a trading volume of 5,435,220 shares, compared to its average volume of 4,255,362. The company has a debt-to-equity ratio of 234.57, a quick ratio of 0.62 and a current ratio of 1.94. Diageo plc has a fifty-two week low of GBX 1,820 ($24.73) and a fifty-two week high of GBX 2,731.50 ($37.12). The stock's 50-day simple moving average is GBX 2,001.40 and its 200-day simple moving average is GBX 2,145.91. The firm has a market capitalization of £42.72 billion, a PE ratio of 10.78, a price-to-earnings-growth ratio of 1.75 and a beta of 0.36.

Wall Street Analysts Forecast Growth

DGE has been the subject of several recent research reports. Citigroup reissued a "buy" rating on shares of Diageo in a research note on Tuesday. Berenberg Bank reissued a "buy" rating and issued a GBX 2,372 ($32.24) price target on shares of Diageo in a research note on Wednesday, May 21st. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Diageo from GBX 1,960 ($26.64) to GBX 2,010 ($27.32) and gave the stock a "hold" rating in a research note on Tuesday. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Diageo presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 2,571.71 ($34.95).

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.

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