Diageo (LON:DGE – Get Free Report)‘s stock had its “hold” rating reiterated by equities research analysts at Jefferies Financial Group in a research report issued on Thursday, MarketBeat reports. They presently have a GBX 2,900 ($36.10) price objective on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 2.24% from the company’s previous close.
Other equities research analysts have also issued research reports about the stock. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Diageo in a report on Monday, February 26th. Barclays dropped their price target on Diageo from GBX 3,730 ($46.43) to GBX 3,550 ($44.19) and set an “overweight” rating on the stock in a research report on Wednesday, January 31st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of GBX 3,040 ($37.84).
View Our Latest Stock Report on Diageo
Diageo Price Performance
Insider Buying and Selling at Diageo
In other news, insider Karen Blackett acquired 702 shares of the business’s stock in a transaction dated Monday, April 8th. The shares were purchased at an average price of GBX 2,826 ($35.18) per share, with a total value of £19,838.52 ($24,696.28). In other Diageo news, insider Javier Ferrán acquired 290 shares of the firm’s stock in a transaction dated Monday, March 11th. The stock was purchased at an average price of GBX 2,853 ($35.52) per share, for a total transaction of £8,273.70 ($10,299.64). Also, insider Karen Blackett bought 702 shares of the company’s stock in a transaction that occurred on Monday, April 8th. The shares were acquired at an average price of GBX 2,826 ($35.18) per share, for a total transaction of £19,838.52 ($24,696.28). Over the last ninety days, insiders bought 1,002 shares of company stock valued at $2,839,892. 0.13% of the stock is currently owned by insiders.
Diageo Company Profile
Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products.
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