Shore Capital reiterated their under review rating on shares of Diageo (LON:DGE) in a research report released on Thursday, September 19th, ThisIsMoney.Co.Uk reports.
Other analysts also recently issued research reports about the company. Liberum Capital restated a hold rating on shares of Diageo in a research note on Friday, July 26th. Deutsche Bank reiterated a hold rating and set a GBX 3,500 ($45.73) price target (down previously from GBX 3,550 ($46.39)) on shares of Diageo in a research report on Friday, July 26th. Royal Bank of Canada set a GBX 3,100 ($40.51) price target on Diageo and gave the stock a neutral rating in a research report on Thursday, July 25th. JPMorgan Chase & Co. reiterated a neutral rating on shares of Diageo in a research report on Wednesday, September 4th. Finally, Jefferies Financial Group restated a buy rating on shares of Diageo in a research report on Tuesday, June 18th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the stock. Diageo has an average rating of Hold and an average price target of GBX 3,433 ($44.86).
Shares of DGE traded down GBX 111.50 ($1.46) during mid-day trading on Thursday, reaching GBX 3,210 ($41.94). The company had a trading volume of 6,664,935 shares, compared to its average volume of 4,520,000. Diageo has a 52-week low of GBX 2,513 ($32.84) and a 52-week high of GBX 3,633.50 ($47.48). The company has a quick ratio of 0.52, a current ratio of 1.34 and a debt-to-equity ratio of 125.00. The stock has a market capitalization of $75.68 billion and a P/E ratio of 24.67. The stock has a 50 day moving average of GBX 3,356.40 and a two-hundred day moving average of GBX 3,314.81.
The business also recently announced a dividend, which was paid on Thursday, October 3rd. Investors of record on Thursday, August 8th were issued a GBX 42.47 ($0.55) dividend. The ex-dividend date was Thursday, August 8th. This is a positive change from Diageo’s previous dividend of $26.10. This represents a yield of 1.3%. Diageo’s dividend payout ratio (DPR) is 0.53%.
In other Diageo news, insider Javier Ferrán purchased 243 shares of the firm’s stock in a transaction on Monday, August 12th. The stock was bought at an average cost of GBX 3,407 ($44.52) per share, with a total value of £8,279.01 ($10,817.99). Also, insider Siobhán Moriarty sold 22,703 shares of Diageo stock in a transaction dated Thursday, September 5th. The stock was sold at an average price of GBX 3,509 ($45.85), for a total value of £796,648.27 ($1,040,962.07). Over the last quarter, insiders purchased 30,250 shares of company stock valued at $99,401,244.
Diageo Company Profile
Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages worldwide. The company offers a collection of brands across spirits, beer, cider, and wine categories. Its brands include Johnnie Walker, Crown Royal, J&B, Buchanan's and Windsor whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Bundaberg, McDowell's No.
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