Other analysts have also issued reports about the company. UBS Group set a GBX 2,880 ($40.44) target price on Diageo and gave the stock a buy rating in a report on Thursday, January 25th. JPMorgan Chase & Co. reissued an overweight rating and set a GBX 2,900 ($40.72) target price on shares of Diageo in a report on Tuesday, December 12th. Goldman Sachs Group set a GBX 2,490 ($34.97) target price on Diageo and gave the stock a neutral rating in a report on Tuesday, January 23rd. Sanford C. Bernstein set a GBX 3,000 ($42.13) target price on Diageo and gave the stock a buy rating in a report on Monday, October 16th. Finally, Jefferies Group reissued a buy rating and set a GBX 2,900 ($40.72) target price on shares of Diageo in a report on Wednesday, November 29th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eleven have issued a buy rating to the company’s stock. Diageo presently has an average rating of Hold and an average price target of GBX 2,637.32 ($37.04).
Shares of Diageo (DGE) opened at GBX 2,532.50 ($35.56) on Monday. The stock has a market capitalization of $62,820.00 and a price-to-earnings ratio of 1,994.09. Diageo has a 1-year low of GBX 2,170 ($30.47) and a 1-year high of GBX 2,735.50 ($38.41).
In other news, insider Javier Ferrán bought 30,000 shares of the company’s stock in a transaction on Friday, January 26th. The stock was purchased at an average cost of GBX 2,541 ($35.68) per share, for a total transaction of £762,300 ($1,070,495.72). Insiders acquired 30,025 shares of company stock valued at $76,295,632 over the last quarter.
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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