Diageo plc’s (DGE) Neutral Rating Reaffirmed at Bryan, Garnier & Co
A number of other equities analysts have also recently weighed in on the stock. Jefferies Group lowered their price objective on shares of Diageo plc from GBX 2,600 ($32.25) to GBX 2,300 ($28.53) and set a buy rating for the company in a research report on Monday, November 21st. Goldman Sachs Group Inc. set a GBX 2,185 ($27.11) target price on shares of Diageo plc and gave the stock a neutral rating in a report on Friday, November 18th. Barclays PLC reiterated an equal weight rating and set a GBX 2,150 ($26.67) target price on shares of Diageo plc in a report on Tuesday, November 15th. Liberum Capital reiterated a hold rating and set a GBX 2,182 ($27.07) target price on shares of Diageo plc in a report on Monday, November 14th. Finally, JPMorgan Chase & Co. reiterated an overweight rating and set a GBX 2,500 ($31.01) target price on shares of Diageo plc in a report on Friday, November 11th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and fifteen have given a buy rating to the stock. The stock has an average rating of Hold and an average target price of GBX 2,197.67 ($27.26).
Shares of Diageo plc (LON:DGE) opened at 2011.50 on Wednesday. The stock’s market capitalization is GBX 50.50 billion. The stock’s 50 day moving average is GBX 2,103.92 and its 200-day moving average is GBX 2,066.76. Diageo plc has a one year low of GBX 1,724.50 and a one year high of GBX 2,286.50.
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In other news, insider Javier Ferran bought 18,500 shares of the stock in a transaction dated Thursday, September 29th. The shares were acquired at an average price of GBX 2,221 ($27.55) per share, with a total value of £410,885 ($509,719.64). Also, insider Franz B. Humer bought 369 shares of the stock in a transaction dated Monday, October 10th. The stock was purchased at an average cost of GBX 2,242 ($27.81) per share, for a total transaction of £8,272.98 ($10,262.97).
About Diageo plc
Diageo plc (Diageo) is a drinks business company. The Company is a provider of beverage alcohol of various brands in spirits, beer and wine. The Company produces its brands from more than 200 sites in over 30 countries. Diageo owns manufacturing production facilities across the globe, including maltings, distilleries, breweries, packaging plants, maturation warehouses, cooperages, vineyards, wineries and distribution warehouses.
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