Diageo plc (LON:DGE) Insider Buys £8,291.94 in Stock

Diageo plc (LON:DGE) insider Javier Ferrán purchased 339 shares of the stock in a transaction dated Tuesday, December 10th. The shares were bought at an average price of GBX 2,446 ($31.25) per share, with a total value of £8,291.94 ($10,594.02).

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

• On Monday, November 11th, Javier Ferrán acquired 352 shares of Diageo stock. The stock was acquired at an average price of GBX 2,350 ($30.02) per share, with a total value of £8,272 ($10,568.54).
• On Thursday, October 10th, Javier Ferrán acquired 324 shares of Diageo stock. The stock was bought at an average price of GBX 2,531 ($32.34) per share, with a total value of £8,200.44 ($10,477.12).

Diageo Stock Up 0.5 %

Diageo stock opened at GBX 2,458 ($31.40) on Wednesday. Diageo plc has a 52 week low of GBX 2,165.60 ($27.67) and a 52 week high of GBX 3,056 ($39.04). The company has a market cap of £54.57 billion, a PE ratio of 1,849.89, a P/E/G ratio of 1.75 and a beta of 0.36. The business’s 50 day moving average price is GBX 2,478.69. The company has a debt-to-equity ratio of 186.26, a quick ratio of 0.62 and a current ratio of 1.53.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on DGE. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 3,200 ($40.88) price objective on shares of Diageo in a research report on Thursday, August 22nd. Jefferies Financial Group raised shares of Diageo to a “buy” rating and set a GBX 2,800 ($35.77) target price for the company in a research note on Friday, December 6th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of GBX 3,008 ($38.43).

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.