Diageo (LON:DGE) Rating Reaffirmed
Bryan Garnier & Cie now has a GBX 1870 PT on shares of Diageo (LON:DGE). The PT could mean a potential downside of -4.03% from the closing share price of Diageo (LON:DGE). This rating was unveiled in analysts note on 3 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 2.52% above today’s (GBX 1942) stock price. Diageo PLC was the topic of 92 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. Beaufort Securities maintained shares on December 2 with “Buy” rating. J.P. Morgan upgraded shares to “Overweight” rating and GBX 2140 target share price in a report from a November 20. Goldman Sachs maintained DGE stock in a recent report from November 26 with “Sell” rating. JP Morgan upgraded the rating on November 20. JP Morgan has a “Overweight” rating and a GBX 2140 price target on shares. Finally, Credit Suisse maintained the stock with “Outperform” rating in a report issued on a November 24.
Approximately 674,484 shares of stock traded hands. Diageo plc (LON:DGE) has risen 8.45% since May 6, 2015 and is uptrending. It has outperformed by 8.74% the S&P500.
Diageo plc is a drinks business company. The company has a market cap of 48.97 billion GBP. The Firm is a well-known provider of beverage alcohol of various brands in spirits, beer and wine. It has 20.53 P/E ratio. The Firm produces its brands from more than 200 sites in over 30 countries.