Diageo Given “Hold” Rating at Grupo Santander (DGE)
Diageo (LON:DGE)‘s stock had its “hold” rating reaffirmed by equities research analysts at Grupo Santander in a research note issued to investors on Thursday, Analyst Ratings.Net reports. They currently have a GBX 2,050 ($33.08) price objective on the stock. Grupo Santander’s target price indicates a potential upside of 5.75% from the company’s current price.
A number of other firms have also recently commented on DGE. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Diageo (LON:DGE) in a research note to investors on Wednesday. They now have a GBX 1,950 ($31.46) price target on the stock. Separately, analysts at UBS AG reiterated a “neutral” rating on shares of Diageo (LON:DGE) in a research note to investors on Wednesday. They now have a GBX 2,050 ($33.08) price target on the stock. Finally, analysts at Nomura reiterated a “buy” rating on shares of Diageo (LON:DGE) in a research note to investors on Tuesday. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and twenty have assigned a buy rating to the stock. Diageo currently has an average rating of “Buy” and an average target price of GBX 2,092.70 ($33.76).
Shares of Diageo (LON:DGE) traded up 0.44% on Thursday, hitting GBX 1946.9999. 2,493,628 shares of the company’s stock traded hands. Diageo has a 1-year low of GBX 1741.00 and a 1-year high of GBX 2152.50. The stock’s 50-day moving average is GBX 2028. and its 200-day moving average is GBX 1995.. The company’s market cap is £48.737 billion.
Diageo plc (LON:DGE) is engaged in drinks business.
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