Beaufort Securities Sticks With The Buy Rating They’ve had for Diageo PLC (LON:DGE) Shares

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Diageo PLC (LON:DGE) Rating Reaffirmed

Beaufort Securities reaffirmed their Buy rating on Diageo PLC (LON:DGE) shards via a comprehensive report announced on Wednesday, 2 December.

From a total of 23 analysts covering Diageo PLC (LON:DGE) stock, 14 rate it a ”Buy”, 4 a “Sell”, and 9 a ”Hold”. This means that 52% of the ratings are positive. The highest target price is GBX 2350 while the lowest target price is GBX 1600. The mean of all analyst targets is GBX 1992.52 with a 3.83% above today’s (GBX 1917.5) stock price. Diageo PLC was the topic of 91 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. Natixis maintained shares on December 1 with “Buy” rating. JP Morgan upgraded shares to “Overweight” rating and GBX 2140 target share price in a report from a November 20. Bernstein maintained DGE stock in a recent report from November 25 with “Market Perform” rating. UBS maintained the rating on November 16. UBS has a “Buy” rating and a GBX 2150 price target on shares. Finally, J.P. Morgan upgraded the stock to “Overweight” rating in a report issued on a November 20.

Approximately 53,640 shares of stock traded hands. Diageo plc (LON:DGE) has risen 6.43% since May 5, 2015 and is uptrending. It has outperformed by 6.63% the S&P500.

Beaufort Securities Sticks With The Buy Rating They’ve had for Diageo PLC (LON:DGE) Shares

Diageo plc is a drinks business company. The company has a market cap of 48.20 billion GBP. The Firm is a well-known provider of beverage alcohol of various brands in spirits, beer and wine. It has 20.27 P/E ratio. The Firm produces its brands from more than 200 sites in over 30 countries.

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