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Diageo ( (GB:DGE) ) has shared an announcement.
Diageo announced that Sir John Manzoni, the Chair, has purchased 410 ordinary shares of the company at £16.00 each on the London Stock Exchange. This transaction, disclosed under the UK Market Abuse Regulation, highlights the ongoing involvement and confidence of the company’s leadership in its financial prospects.
The most recent analyst rating on (GB:DGE) stock is a Hold with a £1821.00 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.
Spark’s Take on GB:DGE Stock
According to Spark, TipRanks’ AI Analyst, GB:DGE is a Neutral.
Diageo’s overall stock score is driven by strong corporate events and a solid dividend yield. However, challenges in profitability margins, cash flow stability, and bearish technical indicators weigh on the score.
To see Spark’s full report on GB:DGE stock, click here.
More about Diageo
Diageo plc is a leading company in the alcoholic beverages industry, known for its production and distribution of spirits, beer, and wine. The company has a significant market presence globally, focusing on premium brands.
Average Trading Volume: 5,032,033
Technical Sentiment Signal: Sell
Current Market Cap: £36.56B
Find detailed analytics on DGE stock on TipRanks’ Stock Analysis page.