November 25, 2016 - By olga
They currently have a GBX 2140.00 target on Diageo PLC (LON:DGE). Berenberg’s target would suggest a potential upside of 8.84% from the company’s current price. This was revealed to clients and investors in a report on Friday, 25 November.
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 6.13% above today’s (GBX 2015.5) stock price. Diageo PLC has been the topic of 208 analyst reports since July 27, 2015 according to StockzIntelligence Inc. Natixis maintained the stock with “Buy” rating in Thursday, September 24 report. The firm earned “Buy” rating on Monday, February 1 by Deutsche Bank. As per Monday, August 1, the company rating was maintained by JP Morgan. The firm has “Overweight” rating given on Friday, June 3 by JP Morgan. As per Friday, April 1, the company rating was maintained by Credit Suisse. Societe Generale maintained the shares of DGE in a report on Monday, August 3 with “Sell” rating. On Tuesday, August 30 the stock rating was maintained by Kepler Cheuvreux with “Hold”. Citigroup maintained the stock with “Buy” rating in Monday, September 28 report. Barclays Capital maintained the stock with “Overweight” rating in Friday, October 9 report. On Thursday, September 17 the stock rating was maintained by Shore Capital with “Hold”.
About 521,895 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 50.71 billion GBP. The Firm operates in various categories, including spirits and beer. It has a 22.62 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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