Diageo plc (LON:DGE) Insider Javier Ferrán Purchases 339 Shares

Diageo plc (LON:DGE) insider Javier Ferrán purchased 339 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The stock was acquired at an average cost of GBX 2,446 ($31.20) per share, with a total value of £8,291.94 ($10,577.80).

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

• On Monday, November 11th, Javier Ferrán acquired 352 shares of Diageo stock. The stock was bought at an average cost of GBX 2,350 ($29.98) per share, with a total value of £8,272 ($10,552.37).
• On Thursday, October 10th, Javier Ferrán bought 324 shares of Diageo stock. The stock was bought at an average price of GBX 2,531 ($32.29) per share, with a total value of £8,200.44 ($10,461.08).

Diageo Trading Up 1.8 %

Shares of LON:DGE opened at GBX 2,489.50 ($31.76) on Thursday. The stock has a market capitalization of £55.27 billion, a price-to-earnings ratio of 1,874.65, a PEG ratio of 1.75 and a beta of 0.36. Diageo plc has a 1-year low of GBX 2,165.60 ($27.63) and a 1-year high of GBX 3,056 ($38.98). The company has a 50 day moving average price of GBX 2,474.85 and a 200 day moving average price of GBX 2,509.39. The company has a debt-to-equity ratio of 186.26, a quick ratio of 0.62 and a current ratio of 1.53.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Jefferies Financial Group raised shares of Diageo to a “buy” rating and set a GBX 2,800 ($35.72) price target for the company in a research note on Friday, December 6th. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 3,200 ($40.82) target price on shares of Diageo in a research report on Thursday, August 22nd. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of GBX 3,008 ($38.37).

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.