Diageo (LON:DGE) Rating Reaffirmed
The financial company has just set a target price of GBX 2000 on Diageo (LON:DGE) shares. This is 9.86% from the last close price. In a recent research report disseminated on 18 December, RBC Capital Markets has decided to restate their Outperform rating on shares of DGE.
From a total of 23 analysts covering Diageo PLC (LON:DGE) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN 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 1993.17 with a 9.69% above today’s (GBX 1815) stock price. Diageo PLC was the topic of 97 analyst reports since July 27, 2015 according to the firm StockzIntelligence Inc. Goldman Sachs maintained shares on December 16 with “Sell” rating. Natixis maintained shares with “Buy” rating and GBX 2060 target share price in a report from a December 1. RBC Capital Markets maintained DGE stock in a recent report from December 10 with “Outperform” rating. Goldman Sachs maintained the rating on November 26. Goldman Sachs has a “Sell” rating and a GBX 1685 price target on shares. Finally, Bryan Garnier & Cie maintained the stock with “Neutral” rating in a report issued on a December 3.
Approximately 1.83M shares of stock traded hands. Diageo plc (LON:DGE) has risen 1.83% since May 21, 2015 and is uptrending. It has outperformed by 5.64% the S&P500.
Diageo plc is a drinks business company. The company has a market cap of 45.60 billion GBP. The Firm is a well-known provider of beverage alcohol of various brands in spirits, beer and wine. It has 19.18 P/E ratio. The Firm produces its brands from more than 200 sites in over 30 countries.