Lavanya Chandrashekar Purchases 6 Shares of Diageo plc (LON:DGE) Stock

Diageo plc (LON:DGE - Get Free Report) insider Lavanya Chandrashekar acquired 6 shares of the company's stock in a transaction that occurred on Wednesday, July 10th. The shares were acquired at an average cost of GBX 2,482 ($31.79) per share, with a total value of £148.92 ($190.75).

Diageo Trading Up 1.0 %

LON:DGE traded up GBX 24.50 ($0.31) during mid-day trading on Wednesday, reaching GBX 2,502.50 ($32.05). 3,285,738 shares of the company's stock traded hands, compared to its average volume of 3,555,901. Diageo plc has a 12-month low of GBX 2,165.60 ($27.74) and a 12-month high of GBX 3,509 ($44.95). The firm has a market capitalization of £55.56 billion, a price-to-earnings ratio of 1,737.85, a PEG ratio of 1.58 and a beta of 0.33. The company has a debt-to-equity ratio of 190.59, a current ratio of 1.58 and a quick ratio of 0.62. The company has a 50 day moving average price of GBX 2,644.20 and a 200-day moving average price of GBX 2,783.66.

Analyst Ratings Changes

Several equities research analysts have issued reports on DGE shares. Barclays lifted their price target on Diageo from GBX 3,550 ($45.47) to GBX 3,640 ($46.62) and gave the stock an "overweight" rating in a research note on Wednesday, May 1st. Citigroup raised Diageo to a "buy" rating and set a GBX 3,000 ($38.43) price target for the company in a research note on Wednesday, July 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a "sell" rating on shares of Diageo in a research note on Tuesday, April 30th. Finally, Jefferies Financial Group reaffirmed a "hold" rating and set a GBX 2,800 ($35.87) price target on shares of Diageo in a research note on Wednesday, June 12th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of GBX 3,028 ($38.79).

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.