Today RBC Capital Markets Reiterates a Outperform Rating on Diageo (LON:DGE) and a GBX 2000 Target Price

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Diageo (LON:DGE) Rating Reaffirmed

RBC Capital Markets now has a GBX 2000 price target on the 45.88 billion GBP market cap company or 9.29% upside potential. In analysts note revealed to investors on Thursday, 10 December, Diageo (LON:DGE) shares have had their Outperform Rating has reaffirmed by investment analysts at RBC Capital Markets.

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 2000.35 with a 8.75% above today’s (GBX 1830.81) stock price. Diageo PLC was the topic of 94 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on December 8 with “Market Perform” rating. Credit Suisse maintained shares with “Outperform” rating and GBX 2100 target share price in a report from a November 24. Beaufort Securities maintained DGE stock in a recent report from December 2 with “Buy” rating. J.P. Morgan upgraded the rating on November 20. J.P. Morgan has a “Overweight” rating and a GBX 2140 price target on shares. Finally, Goldman Sachs maintained the stock with “Sell” rating in a report issued on a November 26.

Approximately 1.07 million shares of stock traded hands. Diageo plc (LON:DGE) has risen 5.56% since May 13, 2015 and is uptrending. It has outperformed by 7.49% the S&P500.

Today RBC Capital Markets Reiterates a Outperform Rating on Diageo (LON:DGE) and a GBX 2000 Target Price

Diageo plc is a drinks business company. The company has a market cap of 45.89 billion GBP. The Firm is a well-known provider of beverage alcohol of various brands in spirits, beer and wine. It has 19.35 P/E ratio. The Firm produces its brands from more than 200 sites in over 30 countries.

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