Diageo plc (LON:DGE) Receives Average Rating of “Hold” from Analysts

Diageo plc (LON:DGEGet Rating) has earned a consensus rating of “Hold” from the seventeen analysts that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is GBX 4,092 ($50.45).

Several brokerages have commented on DGE. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Diageo in a report on Wednesday, May 4th. Kepler Capital Markets set a GBX 4,000 ($49.32) target price on Diageo in a research report on Thursday, January 20th. Credit Suisse Group set a GBX 4,700 ($57.95) target price on Diageo in a research report on Monday, April 25th. Barclays set a GBX 4,700 ($57.95) price objective on Diageo in a research report on Friday, April 22nd. Finally, Sanford C. Bernstein set a GBX 3,930 ($48.45) price objective on Diageo in a research report on Friday, January 28th.

In other news, insider Javier Ferrán bought 206 shares of the firm’s stock in a transaction that occurred on Monday, April 11th. The shares were purchased at an average price of GBX 4,007 ($49.40) per share, with a total value of £8,254.42 ($10,176.82). In the last three months, insiders have purchased 662 shares of company stock worth $2,479,516.

Shares of DGE opened at GBX 3,729.50 ($45.98) on Tuesday. The company has a current ratio of 1.52, a quick ratio of 0.69 and a debt-to-equity ratio of 152.58. Diageo has a 12 month low of GBX 3,167.50 ($39.05) and a 12 month high of GBX 4,110 ($50.67). The stock’s 50 day moving average is GBX 3,801 and its two-hundred day moving average is GBX 3,805.09. The firm has a market cap of £86.01 billion and a P/E ratio of 28.71.

Diageo Company Profile (Get Rating)

Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages worldwide. The company offers scotch, whisky, gin, vodka, rum, ready to drink products, Irish cream liqueur, raki, liqueur, wine, tequila, Canadian whisky, American whiskey, cachaca, and brandy, as well as beer, including cider and non-alcoholic products.

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Analyst Recommendations for Diageo (LON:DGE)

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