Citigroup Inc. reaffirmed their buy rating on shares of Diageo plc (LON:DGE) in a report published on Friday, Analyst Ratings Net reports.

In other Diageo plc news, insider Humer,Franz B bought 444 shares of Diageo plc stock in a transaction that occurred on Tuesday, November 10th. The shares were acquired at an average price of GBX 1,869 ($26.89) per share, for a total transaction of £8,298.36 ($11,938.37).

Diageo plc (LON:DGE) traded up 1.20% on Friday, reaching GBX 1907.02. The company’s stock had a trading volume of 7,276,642 shares. The stock’s market capitalization is GBX 47.81 billion. The firm has a 50 day moving average price of GBX 1,835.26 and a 200 day moving average price of GBX 1,822.24. Diageo plc has a 52 week low of GBX 1,592.50 and a 52 week high of GBX 2,015.00.

The firm also recently announced a dividend, which will be paid on Thursday, April 7th. Investors of record on Thursday, February 25th will be issued a dividend of GBX 22.60 ($0.33) per share. The ex-dividend date of this dividend is Thursday, February 25th. This represents a dividend yield of 1.23%.

Other research analysts have also recently issued reports about the stock. Deutsche Bank reaffirmed a buy rating and issued a GBX 1,950 ($28.05) target price on shares of Diageo plc in a report on Thursday, October 15th. RBC Capital reissued an outperform rating and set a GBX 2,000 ($28.77) price objective on shares of Diageo plc in a research note on Friday, October 2nd. Shore Capital reissued a hold rating on shares of Diageo plc in a research note on Wednesday, October 7th. Sanford C. Bernstein reissued a market perform rating and set a GBX 2,050 ($29.49) price objective on shares of Diageo plc in a research note on Monday, November 9th. Finally, Kepler Capital Markets reissued a hold rating and set a GBX 1,790 ($25.75) price objective on shares of Diageo plc in a research note on Thursday, November 12th. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and fifteen have issued a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of GBX 1,971.73 ($28.37).

Diageo plc (LON:DGE) 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. Diageo’s brands are also produced at plants owned and operated by third parties and joint ventures at a number of locations around the world. Its geographical segments are North America, Europe, Africa, Latin America and Caribbean, Asia Pacific and Corporate. It offers products under various brands, including Johnnie Walker, Smirnoff, Captain Morgan, Baileys, Tanqueray, Guinness, Crown Royal, Yeni Raki, JeB, Buchanan’s, Bundaberg, Ypioca, Cacique, Windsor, Bell’s, JeB, Grand Old Parr, Shui Jing Fang, Ciroc and Bulleit Bourbon, among others.

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