Diageo (LON:DGE) Stock Rating Reaffirmed by Deutsche Bank Aktiengesellschaft

Diageo (LON:DGE)‘s stock had its “sell” rating reissued by analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Tuesday, Marketbeat reports.

Several other research firms have also weighed in on DGE. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Diageo in a research note on Monday, February 26th. Barclays lowered their price objective on shares of Diageo from GBX 3,730 ($46.85) to GBX 3,550 ($44.59) and set an “overweight” rating for the company in a research note on Wednesday, January 31st. Finally, Jefferies Financial Group restated a “hold” rating and set a GBX 2,900 ($36.43) price target on shares of Diageo in a research note on Thursday, April 18th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of GBX 3,058 ($38.41).

Diageo Stock Performance

LON:DGE opened at GBX 2,742.50 ($34.45) on Tuesday. The company has a fifty day moving average of GBX 2,874.41 and a 200-day moving average of GBX 2,886.67. The firm has a market capitalization of £61.16 billion, a P/E ratio of 1,840.60, a P/E/G ratio of 1.64 and a beta of 0.32. The company has a quick ratio of 0.62, a current ratio of 1.58 and a debt-to-equity ratio of 190.59. Diageo has a twelve month low of GBX 2,676 ($33.61) and a twelve month high of GBX 3,694.50 ($46.41).

Insider Buying and Selling at Diageo

In other Diageo news, insider Javier Ferrán purchased 290 shares of the firm’s stock in a transaction on Monday, March 11th. The stock was acquired at an average price of GBX 2,853 ($35.84) per share, for a total transaction of £8,273.70 ($10,392.79). In other news, insider Javier Ferrán acquired 290 shares of the business’s stock in a transaction on Monday, March 11th. The shares were purchased at an average cost of GBX 2,853 ($35.84) per share, with a total value of £8,273.70 ($10,392.79). Also, insider Karen Blackett acquired 702 shares of the business’s stock in a transaction on Monday, April 8th. The shares were purchased at an average cost of GBX 2,826 ($35.50) per share, for a total transaction of £19,838.52 ($24,919.63). In the last 90 days, insiders acquired 1,002 shares of company stock worth $2,839,892. 0.13% of the stock is owned by corporate insiders.

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.