Shares of Diageo plc (LON:DGE) traded down 0% during mid-day trading on Tuesday . The company traded as low as GBX 2,658.50 ($36.05) and last traded at GBX 2,660 ($36.07). 3,705,077 shares traded hands during trading, an increase of 3% from the average session volume of 3,580,000 shares. The stock had previously closed at GBX 2,660 ($36.07).
A number of analysts recently issued reports on the company. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 2,800 ($37.97) price objective on shares of Diageo in a research report on Wednesday, September 20th. Morgan Stanley lifted their price objective on Diageo from GBX 2,800 ($37.97) to GBX 2,900 ($39.33) and gave the company an “overweight” rating in a research report on Monday. Shore Capital reissued a “buy” rating on shares of Diageo in a research report on Wednesday, September 20th. Sanford C. Bernstein set a GBX 3,000 ($40.68) price objective on Diageo and gave the company a “buy” rating in a research report on Monday, October 16th. Finally, Liberum Capital reissued a “sell” rating and set a GBX 2,000 ($27.12) price objective on shares of Diageo in a research report on Wednesday, September 20th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. Diageo presently has a consensus rating of “Buy” and a consensus price target of GBX 2,596.95 ($35.22).
The firm has a market capitalization of $66,150.00 and a price-to-earnings ratio of 2,462.96.
Diageo PLC is an alcoholic beverage company. The Company operates in various categories, including spirits and beer. Its geographic segments include North America; Europe, Russia and Turkey; Africa; Latin America and Caribbean, and Asia Pacific. Its principal products includes Scotch whisky, Gin, Vodka, Rum, Beer, Irish Cream Liqueur, Wine, Raki, Tequila, Canadian Whisky, American Whiskey, Progressive Adult Beverages, Cachaca, Brandy and Ready to Drink.
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