Diageo PLC (LON:DGE) Rating Reaffirmed
Stock research analysts at Credit Suisse now has a GBX 2100.00 target price on Diageo PLC (LON:DGE). Credit Suisse and their recent target price means a potential upside of 14.54% from the company’s last price. The rating has been disclosed in an interesting research report on 11 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 2000.35 with a 8.77% above today’s (GBX 1830.5) stock price. Diageo PLC was the topic of 95 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on December 10 with “Outperform” rating. Goldman Sachs maintained shares with “Sell” rating and GBX 1685 target share price in a report from a November 26. Bryan Garnier & Cie maintained DGE stock in a recent report from December 3 with “Neutral” rating. Credit Suisse maintained the rating on November 24. Credit Suisse has a “Outperform” rating and a GBX 2100 price target on shares. Finally, Natixis maintained the stock with “Buy” rating in a report issued on a December 1.
Approximately 485,233 shares of stock traded hands. Diageo plc (LON:DGE) has risen 2.55% since May 14, 2015 and is uptrending. It has outperformed by 5.57% the S&P500.
Diageo plc is a drinks business company. The company has a market cap of 46.48 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.