JPMorgan Chase & Co. reaffirmed their overweight rating on shares of Diageo (LON:DGE) in a research report sent to investors on Wednesday. They currently have a GBX 2,900 ($39.33) target price on the stock.
Other analysts also recently issued research reports about the company. Shore Capital reiterated a buy rating on shares of Diageo in a research note on Wednesday, September 20th. Liberum Capital reiterated a sell rating and set a GBX 2,000 ($27.12) price target on shares of Diageo in a research note on Wednesday, September 20th. Berenberg Bank downgraded Diageo to a hold rating and set a GBX 2,550 ($34.58) price target on the stock. in a research note on Wednesday, September 13th. Sanford C. Bernstein set a GBX 3,000 ($40.68) price target on Diageo and gave the company a buy rating in a research note on Monday, October 16th. Finally, Jefferies Group reiterated a buy rating and set a GBX 2,900 ($39.33) price target on shares of Diageo in a research note on Wednesday, November 29th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and fourteen have given a buy rating to the stock. The stock has a consensus rating of Buy and an average price target of GBX 2,596.95 ($35.22).
Diageo (LON DGE) traded down GBX 19.50 ($0.26) during trading on Wednesday, reaching GBX 2,641 ($35.82). The company’s stock had a trading volume of 4,454,145 shares, compared to its average volume of 3,530,000. The stock has a market cap of $65,670.00 and a P/E ratio of 2,445.37. Diageo has a twelve month low of GBX 2,128.50 ($28.86) and a twelve month high of GBX 2,735.50 ($37.10).
Diageo Company Profile
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.
Receive News & Ratings for Diageo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diageo and related companies with MarketBeat.com's FREE daily email newsletter.