Javier Ferrán Buys 352 Shares of Diageo plc (LON:DGE) Stock

Diageo plc (LON:DGE) insider Javier Ferrán purchased 352 shares of the stock in a transaction that occurred on Monday, November 11th. The shares were purchased at an average cost of GBX 2,350 ($30.24) per share, with a total value of £8,272 ($10,644.70).

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

• On Thursday, October 10th, Javier Ferrán purchased 324 shares of Diageo stock. The shares were purchased at an average cost of GBX 2,531 ($32.57) per share, with a total value of £8,200.44 ($10,552.62).
• On Tuesday, September 10th, Javier Ferrán purchased 339 shares of Diageo stock. The shares were purchased at an average cost of GBX 2,444 ($31.45) per share, with a total value of £8,285.16 ($10,661.64).

Diageo Stock Performance

Diageo plc has a fifty-two week low of GBX 2,165.60 ($27.87) and a fifty-two week high of GBX 3,056 ($39.33). The firm has a 50 day simple moving average of GBX 2,510.39 and a 200-day simple moving average of GBX 2,562.52. The company has a debt-to-equity ratio of 186.26, a current ratio of 1.53 and a quick ratio of 0.62. The firm has a market cap of £51.78 billion, a price-to-earnings ratio of 1,765.53, a PEG ratio of 1.75 and a beta of 0.36.

Analyst Ratings Changes

Several research analysts have weighed in on DGE shares. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 3,200 ($41.18) price objective on shares of Diageo in a report on Thursday, August 22nd. Citigroup reissued a “buy” rating and set a GBX 3,000 ($38.61) price objective on shares of Diageo in a report on Monday, July 29th. Finally, Royal Bank of Canada raised shares of Diageo to a “sector perform” rating and raised their price objective for the stock from GBX 2,100 ($27.02) to GBX 2,400 ($30.88) in a report on Monday, August 12th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Diageo currently has an average rating of “Hold” and a consensus target price of GBX 3,008 ($38.71).

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.