Diageo plc (LON:DGE - Get Free Report) insider John Alexander Manzoni purchased 315 shares of Diageo stock in a transaction dated Thursday, April 10th. The shares were purchased at an average cost of GBX 2,079 ($26.99) per share, with a total value of £6,548.85 ($8,500.58).
Diageo Trading Up 3.1 %
Diageo stock opened at GBX 2,076.89 ($26.96) on Friday. Diageo plc has a 12-month low of GBX 1,908 ($24.77) and a 12-month high of GBX 2,904 ($37.69). The stock has a market capitalization of £46.10 billion, a PE ratio of 11.63, a price-to-earnings-growth ratio of 1.75 and a beta of 0.36. The firm has a 50 day simple moving average of GBX 2,114.21 and a 200-day simple moving average of GBX 2,350.37. The company has a debt-to-equity ratio of 234.57, a current ratio of 1.94 and a quick ratio of 0.62.
Diageo Increases Dividend
The company also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 20th were given a dividend of GBX 20.75 ($0.27) per share. The ex-dividend date was Thursday, March 20th. This is a boost from Diageo's previous dividend of $0.63. This represents a dividend yield of 3.66%. Diageo's dividend payout ratio (DPR) is 44.25%.
Wall Street Analysts Forecast Growth
Several research analysts have commented on the stock. JPMorgan Chase & Co. restated a "neutral" rating and issued a GBX 2,500 ($32.45) target price on shares of Diageo in a research report on Tuesday, January 7th. UBS Group upgraded Diageo to a "buy" rating and boosted their price objective for the stock from GBX 2,300 ($29.85) to GBX 2,920 ($37.90) in a research report on Thursday, December 12th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of GBX 2,876.67 ($37.34).
Get Our Latest Report on DGE
Diageo Company Profile
(
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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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