Insider Buying: Diageo plc (LON:DGE) Insider Buys 352 Shares of Stock

Diageo plc (LON:DGE - Get Free Report) insider Javier Ferrán acquired 352 shares of the company's stock in a transaction that occurred on Monday, November 11th. The stock was purchased at an average price of GBX 2,350 ($30.24) per share, for a total transaction of £8,272 ($10,644.70).

Javier Ferrán also recently made the following trade(s):

• On Thursday, October 10th, Javier Ferrán purchased 324 shares of Diageo stock. The stock was acquired at an average price of GBX 2,531 ($32.57) per share, with a total value of £8,200.44 ($10,552.62).
• On Tuesday, September 10th, Javier Ferrán acquired 339 shares of Diageo stock. The stock was purchased at an average price of GBX 2,444 ($31.45) per share, with a total value of £8,285.16 ($10,661.64).

Diageo Trading Down 0.0 %

Shares of LON DGE traded down GBX 1 ($0.01) during trading hours on Tuesday, reaching GBX 2,344.50 ($30.17). The stock had a trading volume of 5,821,406 shares, compared to its average volume of 7,966,875. The business's fifty day moving average price is GBX 2,512.95 and its two-hundred day moving average price is GBX 2,566.13. The firm has a market cap of £52.05 billion, a price-to-earnings ratio of 1,773.48, a P/E/G ratio of 1.75 and a beta of 0.36. The company has a current ratio of 1.53, a quick ratio of 0.62 and a debt-to-equity ratio of 186.26. Diageo plc has a 52-week low of GBX 2,165.60 ($27.87) and a 52-week high of GBX 3,056 ($39.33).

Analysts Set New Price Targets

A number of research analysts recently weighed in on DGE shares. JPMorgan Chase & Co. restated a "neutral" rating and set a GBX 3,200 ($41.18) price objective on shares of Diageo in a research report on Thursday, August 22nd. Citigroup restated a "buy" rating and set a GBX 3,000 ($38.61) target price on shares of Diageo in a research report on Monday, July 29th. Finally, Royal Bank of Canada upgraded shares of Diageo to a "sector perform" rating and lifted their price target for the stock from GBX 2,100 ($27.02) to GBX 2,400 ($30.88) in a research note on Monday, August 12th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of GBX 3,008 ($38.71).

Diageo Company Profile

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.