Diageo plc (LON:DGE) insider Javier Ferran bought 18,500 shares of the firm’s stock in a transaction on Thursday, September 29th. The shares were purchased at an average price of GBX 2,221 ($28.99) per share, for a total transaction of £410,885 ($536,333.38).
Shares of Diageo plc (LON:DGE) opened at 2268.00 on Wednesday. The company has a 50 day moving average price of GBX 2,156.49 and a 200 day moving average price of GBX 2,005.81. The company’s market cap is GBX 56.94 billion. Diageo plc has a one year low of GBX 1,724.50 and a one year high of GBX 2,286.50.
The company also recently declared a dividend, which will be paid on Thursday, October 6th. Investors of record on Thursday, August 11th will be paid a dividend of GBX 36.60 ($0.48) per share. This represents a yield of 1.67%. This is a positive change from Diageo plc’s previous dividend of $22.60. The ex-dividend date is Thursday, August 11th.
Several brokerages have recently issued reports on DGE. Liberum Capital began coverage on Diageo plc in a research report on Monday. They issued a “hold” rating and a GBX 2,182 ($28.48) price objective on the stock. Beaufort Securities restated a “buy” rating on shares of Diageo plc in a research report on Thursday, September 22nd. Societe Generale restated a “hold” rating and issued a GBX 2,308 ($30.13) price objective on shares of Diageo plc in a research report on Wednesday, September 21st. Jefferies Group restated a “buy” rating and issued a GBX 2,500 ($32.63) price objective on shares of Diageo plc in a research report on Wednesday, September 21st. Finally, Barclays PLC restated an “equal weight” rating and issued a GBX 2,150 ($28.06) price objective on shares of Diageo plc in a research report on Wednesday, September 21st. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and thirteen have issued a buy rating to the stock. Diageo plc has a consensus rating of “Hold” and an average price target of GBX 2,164.96 ($28.26).
About Diageo plc
Diageo plc (Diageo) is a drinks business company. The Company is a provider of beverage alcohol of various brands in spirits, beer and wine. The Company produces its brands from more than 200 sites in over 30 countries. Diageo owns manufacturing production facilities across the globe, including maltings, distilleries, breweries, packaging plants, maturation warehouses, cooperages, vineyards, wineries and distribution warehouses.
Receive News & Ratings for Diageo plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diageo plc and related companies with MarketBeat.com's FREE daily email newsletter.