Diageo’s Hold Rating Reaffirmed at Santander (DGE)
Diageo (LON:DGE)‘s stock had its “hold” rating restated by analysts at Santander in a research report issued to clients and investors on Friday, ARN reports. They currently have a GBX 2,050 ($33.08) price objective on the stock. Santander’s target price suggests a potential upside of 5.34% from the company’s current price.
Shares of Diageo (LON:DGE) opened at 1942.00 on Friday. Diageo has a one year low of GBX 1741.00 and a one 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 £48.611 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “hold” rating on shares of Diageo (LON:DGE) in a research note to investors on Friday. Separately, analysts at Grupo Santander reiterated a “hold” rating on shares of Diageo (LON:DGE) in a research note to investors on Thursday. They now have a GBX 2,050 ($33.08) price target on the stock. Finally, 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. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and twenty-one have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of GBX 2,096.82 ($33.83).
Diageo plc (LON:DGE) is engaged in drinks business.
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