Diageo (LON:DGE)‘s stock had its “buy” rating reissued by equities research analysts at Kepler Capital Markets in a research note issued on Tuesday.
Several other brokerages also recently weighed in on DGE. Jefferies Financial Group upped their target price on shares of Diageo from GBX 2,900 ($37.89) to GBX 3,200 ($41.81) and gave the stock a “buy” rating in a report on Monday, August 6th. Royal Bank of Canada set a GBX 2,300 ($30.05) price target on shares of Diageo and gave the stock a “neutral” rating in a research note on Friday, August 10th. Credit Suisse Group reiterated an “outperform” rating on shares of Diageo in a research note on Thursday, November 15th. Liberum Capital restated a “sell” rating on shares of Diageo in a research report on Wednesday, October 3rd. Finally, Shore Capital restated a “buy” rating on shares of Diageo in a research report on Monday, November 12th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of GBX 2,857.37 ($37.34).
Diageo stock traded up GBX 24 ($0.31) during mid-day trading on Tuesday, hitting GBX 2,848 ($37.21). The stock had a trading volume of 4,180,289 shares, compared to its average volume of 4,520,000. Diageo has a one year low of GBX 2,186.50 ($28.57) and a one year high of GBX 2,735.50 ($35.74).
Diageo Company Profile
Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages worldwide. The company offers a collection of brands across spirits, beer, cider, and wine categories. Its brands include Johnnie Walker, Crown Royal, J&B, Buchanan's and Windsor whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Bundaberg, McDowell's No.
Further Reading: Growth Stocks
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