November 25, 2016 - By Winifred Garcia
The broker have set price target of GBX 2300.00 on Diageo PLC (LON:DGE) shares. This is 16.97% from the last stock close price. In a research report issued on Friday, 25 November, Jefferies International maintained their Buy rating on shares of DGE.
Out of 28 analysts covering Diageo PLC (LON:DGE), 15 rate it a “Buy”, 2 “Sell”, while 11 “Hold”. This means 54% are positive. GBX 2600 is the highest target while GBX 1600 is the lowest. The GBX 2138.96 average target is 5.97% above today’s (GBX 2018.5) stock price. Diageo PLC has been the topic of 208 analyst reports since July 27, 2015 according to StockzIntelligence Inc. Nomura maintained Diageo plc (LON:DGE) on Friday, April 8 with “Buy” rating. The stock has “Overweight” rating given by Barclays Capital on Tuesday, March 29. On Tuesday, November 10 the stock rating was maintained by Shore Capital with “Hold”. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, October 2. The firm has “Overweight” rating given on Wednesday, August 26 by Morgan Stanley. Barclays Capital maintained Diageo plc (LON:DGE) on Friday, November 13 with “Overweight” rating. As per Thursday, January 7, the company rating was maintained by Bernstein. JP Morgan upgraded the stock to “Overweight” rating in Friday, November 20 report. On Monday, July 27 the stock rating was maintained by Nomura with “Buy”. Nomura maintained the shares of DGE in a report on Friday, January 29 with “Buy” rating.
About 575,752 shares traded hands. Diageo plc (LON:DGE) has risen 6.57% since April 27, 2016 and is uptrending. It has outperformed by 1.16% the S&P500.
Diageo PLC is an alcoholic beverage company. The company has a market cap of 50.79 billion GBP. The Firm operates in various categories, including spirits and beer. It has a 22.65 P/E ratio. The Company’s geographic divisions include North America; Europe, Russia and Turkey; Africa; Latin America and Caribbean, and Asia Pacific.
More recent Diageo plc (LON:DGE) news were published by: Wsj.com which released: “Diageo Unions Vote for Industrial Action Over Pension Cuts” on November 21, 2016. Also Seekingalpha.com published the news titled: “Diageo: Not Quite Liquid Gold, But Close Enough” on November 22, 2016. Seekingalpha.com‘s news article titled: “Do Yourself A Favor And Buy Diageo” with publication date: November 21, 2016 was also an interesting one.
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