Nik Jhangiani Buys 8 Shares of Diageo (LON:DGE) Stock

Key Points

• Nik Jhangiani, an insider at Diageo, purchased **8 shares** at an average cost of **GBX 1,938** each, totaling **£155.04**, on September 10th.
• Diageo's current **market cap** stands at **£42.73 billion**, with a **debt-to-equity ratio** of **234.57** and a **P/E ratio** of **1,816.46**.
• Equities analysts are generally bullish on Diageo, with **four buy ratings** and a **consensus target price** of **GBX 2,378.86** according to MarketBeat.

Diageo plc (LON:DGE - Get Free Report) insider Nik Jhangiani purchased 8 shares of the business's stock in a transaction on Wednesday, September 10th. The shares were bought at an average cost of GBX 1,938 per share, for a total transaction of £155.04.

Nik Jhangiani also recently made the following trade(s):

• On Monday, August 11th, Nik Jhangiani bought 7 shares of Diageo stock. The stock was purchased at an average price of GBX 2,046 per share, with a total value of £143.22.
• On Thursday, July 10th, Nik Jhangiani bought 8 shares of Diageo stock. The stock was purchased at an average price of GBX 1,951 per share, with a total value of £156.08.

Diageo Stock Performance

DGE opened at GBX 1,920 on Thursday. 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 firm has a fifty day moving average price of GBX 1,978.86 and a 200 day moving average price of GBX 2,024.70. Diageo plc has a 1 year low of GBX 1,797 and a 1 year high of GBX 2,677. The stock has a market cap of £42.73 billion, a P/E ratio of 1,816.46, a P/E/G ratio of 1.75 and a beta of 0.36.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Berenberg Bank restated a "buy" rating and set a GBX 2,372 target price on shares of Diageo in a research report on Tuesday, August 5th. Jefferies Financial Group dropped their target price on Diageo from GBX 2,500 to GBX 2,400 and set a "buy" rating on the stock in a research report on Monday. Citigroup restated a "buy" rating on shares of Diageo in a research report on Monday, August 4th. Deutsche Bank Aktiengesellschaft raised their target price on Diageo from GBX 2,010 to GBX 2,060 and gave the company a "hold" rating in a research report on Tuesday, August 5th. Finally, Royal Bank Of Canada restated a "sector perform" rating and set a GBX 2,400 target price on shares of Diageo in a research report on Wednesday, July 16th. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Diageo presently has a consensus rating of "Moderate Buy" and a consensus target price 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.

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