Diageo (LON:DGE) Given "Sell" Rating at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their sell rating on shares of Diageo (LON:DGE - Free Report) in a research report report published on Tuesday morning, Marketbeat.com reports.

DGE has been the subject of several other research reports. Barclays decreased their price target on Diageo from GBX 3,730 ($46.85) to GBX 3,550 ($44.59) and set an overweight rating for the company in a research note on Wednesday, January 31st. JPMorgan Chase & Co. restated a neutral rating on shares of Diageo in a research note on Monday, February 26th. Finally, Jefferies Financial Group restated a hold rating and issued a GBX 2,900 ($36.43) price target on shares of Diageo in a research note on Thursday, April 18th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of Hold and an average target price of GBX 3,040 ($38.19).

Diageo Stock Up 0.2 %

Shares of DGE stock traded up GBX 6 ($0.08) during mid-day trading on Tuesday, hitting GBX 2,775.50 ($34.86). The company's stock had a trading volume of 3,387,300 shares, compared to its average volume of 3,556,633. Diageo has a 52-week low of GBX 2,676 ($33.61) and a 52-week high of GBX 3,694.50 ($46.41). The business has a 50-day moving average price of GBX 2,883.16 and a 200 day moving average price of GBX 2,889.60. The company has a debt-to-equity ratio of 190.59, a quick ratio of 0.62 and a current ratio of 1.58. The stock has a market cap of £61.89 billion, a price-to-earnings ratio of 1,862.75, a PEG ratio of 1.64 and a beta of 0.32.

Insider Buying and Selling at Diageo

In related news, insider Karen Blackett acquired 702 shares of the firm's stock in a transaction dated Monday, April 8th. The shares were purchased at an average price of GBX 2,826 ($35.50) per share, with a total value of £19,838.52 ($24,919.63). In other Diageo news, insider Javier Ferrán bought 290 shares of the business's stock in a transaction that occurred on Monday, March 11th. The stock was purchased at an average price of GBX 2,853 ($35.84) per share, for a total transaction of £8,273.70 ($10,392.79). Also, insider Karen Blackett bought 702 shares of the business's stock in a transaction that occurred on Monday, April 8th. The shares were acquired at an average price of GBX 2,826 ($35.50) per share, with a total value of £19,838.52 ($24,919.63). Over the last quarter, insiders purchased 1,002 shares of company stock valued at $2,839,892. Company insiders own 0.13% of the company's stock.

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.