Diageo plc (LON:DGE) Insider Buys £154.77 in Stock

Diageo plc (LON:DGE - Get Free Report) insider Nik Jhangiani purchased 7 shares of the business's stock in a transaction that occurred on Monday, February 10th. The stock was bought at an average price of GBX 2,211 ($27.83) per share, for a total transaction of £154.77 ($194.80).

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

• On Friday, January 10th, Nik Jhangiani purchased 5 shares of Diageo stock. The stock was bought at an average price of GBX 2,538 ($31.94) per share, for a total transaction of £126.90 ($159.72).

Diageo Stock Performance

Shares of LON DGE traded down GBX 39.50 ($0.50) during midday trading on Friday, hitting GBX 2,145.50 ($27.00). 2,685,452 shares of the stock traded hands, compared to its average volume of 3,807,935. The firm has a 50-day moving average of GBX 2,425.44 and a two-hundred day moving average of GBX 2,457.84. The firm has a market capitalization of £47.63 billion, a P/E ratio of 12.02, a PEG ratio of 1.75 and a beta of 0.36. 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 one year low of GBX 2,125 ($26.75) and a one year high of GBX 3,056 ($38.46).

Analyst Ratings Changes

Several analysts have commented on the company. JPMorgan Chase & Co. reiterated a "neutral" rating and set a GBX 2,500 ($31.47) target price on shares of Diageo in a research note on Tuesday, January 7th. UBS Group upgraded Diageo to a "buy" rating and increased their target price for the company from GBX 2,300 ($28.95) to GBX 2,920 ($36.75) in a research note on Thursday, December 12th. Finally, Jefferies Financial Group upgraded Diageo to a "buy" rating and set a GBX 2,800 ($35.24) target price on the stock in a research note on Friday, December 6th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat, Diageo presently has a consensus rating of "Hold" and an average price target of GBX 2,876.67 ($36.21).

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.