Diageo plc (LON:DGE) has received an average rating of “Buy” from the twenty-three analysts that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is GBX 2,623.09 ($35.57).
Several analysts have weighed in on DGE shares. Liberum Capital reiterated a “sell” rating and set a GBX 2,000 ($27.12) target price on shares of Diageo in a research note on Wednesday, September 20th. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 2,800 ($37.97) target price on shares of Diageo in a research note on Wednesday, September 20th. Shore Capital reiterated a “buy” rating on shares of Diageo in a research note on Wednesday, September 20th. Jefferies Group reiterated a “buy” rating and set a GBX 3,000 ($40.68) target price on shares of Diageo in a research note on Wednesday, September 20th. Finally, Goldman Sachs Group lowered their target price on shares of Diageo from GBX 2,400 ($32.55) to GBX 2,385 ($32.34) and set a “neutral” rating for the company in a research note on Thursday, September 21st.
Diageo (DGE) traded up GBX 1 ($0.01) during mid-day trading on Monday, reaching GBX 2,619 ($35.52). 3,611,166 shares of the company’s stock traded hands, compared to its average volume of 3,440,000. Diageo has a 12-month low of GBX 2,137.50 ($28.99) and a 12-month high of GBX 2,735.50 ($37.10). The company has a market capitalization of $64,840.00 and a price-to-earnings ratio of 2,425.00.
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.
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