Diageo Given Outperform Rating at Credit Suisse (DGE)
Diageo (LON:DGE)‘s stock had its “outperform” rating restated by Credit Suisse in a research note issued on Wednesday, ARN reports. They currently have a GBX 2,350 ($37.64) price objective on the stock. Credit Suisse’s price target suggests a potential upside of 16.37% from the company’s current price.
A number of other analysts have also recently weighed in on DGE. Analysts at Berenberg Bank reiterated a “buy” rating on shares of Diageo (LON:DGE) in a research note to investors on Friday, September 20th. They now have a GBX 2,250 ($36.04) price target on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Diageo (LON:DGE) in a research note to investors on Friday, September 20th. Finally, analysts at Charles Stanley reiterated an “accumulate” rating on shares of Diageo (LON:DGE) in a research note to investors on Thursday, September 19th.
One analyst has rated the stock with a sell rating, twelve have issued a hold rating and twenty have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of GBX 2,099.18 ($33.62).
Shares of Diageo (LON:DGE) opened at 1996.50 on Wednesday. Diageo has a one year low of GBX 1723.00 and a one year high of GBX 2152.50. The stock has a 50-day moving average of GBX 2028. and a 200-day moving average of GBX 1995.. The company’s market cap is £49.976 billion.
Diageo plc (LON:DGE) is engaged in drinks business.
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