Diageo plc (LON:DGE) Insider Buys £6,549.25 in Stock

Diageo plc (LON:DGE - Get Free Report) insider John Alexander Manzoni bought 335 shares of the firm's stock in a transaction that occurred on Wednesday, July 9th. The stock was purchased at an average cost of GBX 1,955 ($26.37) per share, with a total value of £6,549.25 ($8,834.82).

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

• On Tuesday, June 10th, John Alexander Manzoni purchased 331 shares of Diageo stock. The shares were acquired at an average price of GBX 1,985 ($26.78) per share, with a total value of £6,570.35 ($8,863.28).
• On Monday, May 12th, John Alexander Manzoni acquired 299 shares of Diageo stock. The stock was acquired at an average price of GBX 2,194 ($29.60) per share, for a total transaction of £6,560.06 ($8,849.40).

Diageo Price Performance

LON:DGE traded down GBX 47.50 ($0.64) during mid-day trading on Friday, reaching GBX 1,900.50 ($25.64). The stock had a trading volume of 3,517,376 shares, compared to its average volume of 4,250,587. Diageo plc has a 12 month low of GBX 1,820 ($24.55) and a 12 month high of GBX 2,731.50 ($36.85). The stock has a market capitalization of £42.19 billion, a PE ratio of 10.65, a P/E/G ratio of 1.75 and a beta of 0.36. The company has a debt-to-equity ratio of 234.57, a current ratio of 1.94 and a quick ratio of 0.62. The stock has a 50-day simple moving average of GBX 1,993.54 and a two-hundred day simple moving average of GBX 2,137.86.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on DGE shares. Deutsche Bank Aktiengesellschaft boosted their target price on Diageo from GBX 1,960 ($26.44) to GBX 2,010 ($27.11) and gave the stock a "hold" rating in a report on Tuesday. Citigroup reaffirmed a "buy" rating on shares of Diageo in a report on Tuesday. Finally, Berenberg Bank reiterated a "buy" rating and issued a GBX 2,372 ($32.00) price target on shares of Diageo in a research note on Wednesday, May 21st. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Diageo currently has an average rating of "Moderate Buy" and an average target price of GBX 2,571.71 ($34.69).

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.