Diageo (LON:DGE) Insider Nik Jhangiani Acquires 9 Shares of Stock

Diageo plc (LON:DGE) insider Nik Jhangiani acquired 9 shares of the business’s stock in a transaction dated Monday, October 12th. The stock was acquired at an average price of GBX 1,635 per share, with a total value of £147.15.

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

• On Thursday, September 10th, Nik Jhangiani purchased 10 shares of Diageo stock. The stock was bought at an average cost of GBX 1,582 per share, for a total transaction of £158.20.
• On Monday, August 10th, Nik Jhangiani purchased 8 shares of Diageo stock. The stock was bought at an average cost of GBX 400 per share, with a total value of GBX 3,200.

Diageo Price Performance

Shares of LON DGE opened at GBX 1,711.50 on Wednesday. The company has a debt-to-equity ratio of 203.12, a quick ratio of 0.62 and a current ratio of 1.60. The firm has a fifty day moving average of GBX 1,667.15 and a 200 day moving average of GBX 1,569.83. The firm has a market cap of £38.07 billion, a PE ratio of 21.97, a PEG ratio of 1.75 and a beta of 0.31. Diageo plc has a one year low of GBX 1,295.50 and a one year high of GBX 1,903.90.

Analysts Set New Price Targets

DGE has been the subject of a number of research reports. Jefferies Financial Group boosted their target price on shares of Diageo from GBX 2,000 to GBX 2,200 and gave the stock a “buy” rating in a research note on Monday, August 10th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Diageo from GBX 1,770 to GBX 1,734 and set a “hold” rating on the stock in a research note on Wednesday, September 16th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 2,000 price target on shares of Diageo in a research note on Monday, August 24th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 2,223 price objective on shares of Diageo in a report on Friday, August 7th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Diageo currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,033.86.

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.