Diageo plc (LON:DGE) Insider Nik Jhangiani Purchases 7 Shares

Diageo plc (LON:DGE) insider Nik Jhangiani purchased 7 shares of Diageo stock in a transaction dated Monday, February 10th. The stock was bought at an average cost of GBX 2,211 ($27.52) per share, with a total value of £154.77 ($192.64).

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

• On Friday, January 10th, Nik Jhangiani bought 5 shares of Diageo stock. The shares were acquired at an average cost of GBX 2,538 ($31.59) per share, with a total value of £126.90 ($157.95).

Diageo Stock Performance

Shares of LON:DGE opened at GBX 2,134 ($26.56) on Thursday. The company has a current ratio of 1.53, a quick ratio of 0.62 and a debt-to-equity ratio of 186.26. The stock has a market cap of £47.37 billion, a P/E ratio of 1,616.67, a PEG ratio of 1.75 and a beta of 0.36. Diageo plc has a 52 week low of GBX 2,125 ($26.45) and a 52 week high of GBX 3,056 ($38.04). The company has a 50 day moving average price of GBX 2,439.07.

Wall Street Analyst Weigh In

Several research firms recently commented on DGE. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 2,500 ($31.12) target price on shares of Diageo in a research note on Tuesday, January 7th. Jefferies Financial Group raised shares of Diageo to a “buy” rating and set a GBX 2,800 ($34.85) target price for the company in a research note on Friday, December 6th. Finally, UBS Group raised shares of Diageo to a “buy” rating and increased their target price for the company from GBX 2,300 ($28.63) to GBX 2,920 ($36.35) in a research note on Thursday, December 12th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of GBX 2,876.67 ($35.81).

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.