Diageo (LON:DGE) Insider John Alexander Manzoni Acquires 425 Shares

Diageo plc (LON:DGE) insider John Alexander Manzoni acquired 425 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average cost of GBX 1,545 per share, with a total value of £6,566.25.

John Alexander Manzoni also recently made the following trade(s):

• On Friday, April 10th, John Alexander Manzoni purchased 446 shares of Diageo stock. The stock was acquired at an average cost of GBX 1,471 per share, with a total value of £6,560.66.
• On Tuesday, March 10th, John Alexander Manzoni acquired 432 shares of Diageo stock. The stock was bought at an average price of GBX 1,518 per share, with a total value of £6,557.76.
• On Tuesday, February 10th, John Alexander Manzoni bought 365 shares of Diageo stock. The shares were purchased at an average price of GBX 1,799 per share, with a total value of £6,566.35.

Diageo Stock Down 2.8%

Diageo stock traded down GBX 44 during mid-day trading on Monday, hitting GBX 1,500. The company had a trading volume of 8,069,452 shares, compared to its average volume of 36,831,121. The company has a quick ratio of 0.62, a current ratio of 1.60 and a debt-to-equity ratio of 208.59. Diageo plc has a 1 year low of GBX 1,350 and a 1 year high of GBX 2,215. The business has a fifty day moving average of GBX 1,470.93 and a 200 day moving average of GBX 1,629.39. The stock has a market cap of £33.35 billion, a price-to-earnings ratio of 13.86, a PEG ratio of 1.75 and a beta of 0.30.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 2,000 price objective on shares of Diageo in a research note on Wednesday, March 4th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,900 target price on shares of Diageo in a report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 1,650 price target on shares of Diageo in a research report on Tuesday, May 5th. UBS Group reissued a “neutral” rating and set a GBX 1,600 price target on shares of Diageo in a research note on Tuesday, May 5th. Finally, JPMorgan Chase & Co. restated a “neutral” rating on shares of Diageo in a report on Thursday, January 22nd. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 2,000.

Diageo Company Profile

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. With such diversity, we’re able to truly represent our broad consumer base and think differently about the future.

To maintain our position as leaders in the alcoholic beverage market, we always invest in the future and are mindful of the impact we have.