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

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

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

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

Diageo Stock Performance

The company has a 50 day simple moving average of GBX 2,510.39 and a two-hundred day simple moving average of GBX 2,562.52. Diageo plc has a one year low of GBX 2,165.60 ($27.87) and a one year high of GBX 3,056 ($39.33). The company has a debt-to-equity ratio of 186.26, a quick ratio of 0.62 and a current ratio of 1.53. The stock has a market cap of £51.78 billion, a P/E ratio of 1,765.53, a PEG ratio of 1.75 and a beta of 0.36.

Analyst Ratings Changes

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

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.