Diageo plc (LON:DGE) Insider Nik Jhangiani Buys 5 Shares

Diageo plc (LON:DGEGet Free Report) insider Nik Jhangiani acquired 5 shares of the company’s stock in a transaction on Friday, January 10th. The stock was acquired at an average price of GBX 2,538 ($31.06) per share, for a total transaction of £126.90 ($155.29).

Diageo Price Performance

DGE opened at GBX 2,391.50 ($29.26) on Tuesday. The company has a quick ratio of 0.62, a current ratio of 1.53 and a debt-to-equity ratio of 186.26. Diageo plc has a 12 month low of GBX 2,165.60 ($26.50) and a 12 month high of GBX 3,056 ($37.40). The firm has a market cap of £53.09 billion, a PE ratio of 1,811.74, a P/E/G ratio of 1.75 and a beta of 0.36. The company has a 50 day simple moving average of GBX 2,441.84.

Analysts Set New Price Targets

DGE has been the topic of a number of research reports. UBS Group raised Diageo to a “buy” rating and raised their price target for the stock from GBX 2,300 ($28.14) to GBX 2,920 ($35.73) in a report on Thursday, December 12th. Jefferies Financial Group upgraded Diageo to a “buy” rating and set a GBX 2,800 ($34.26) target price on the stock in a research note on Friday, December 6th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 2,500 ($30.59) price target on shares of Diageo in a research note on Tuesday, January 7th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Diageo currently has an average rating of “Hold” and an average target price of GBX 2,876.67 ($35.20).

Read Our Latest Stock Analysis on DGE

About Diageo

(Get Free Report)

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.

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