Diageo Rating Reiterated by Citigroup Inc. (DGE)
Diageo (LON:DGE)‘s stock had its “buy” rating reaffirmed by investment analysts at Citigroup Inc. in a note issued to investors on Monday, AnalystRatingsNetwork reports. They currently have a GBX 2,320 ($37.22) target price on the stock. Citigroup Inc.’s price target suggests a potential upside of 19.07% from the stock’s previous close.
Diageo (LON:DGE) opened at 1941.00 on Monday. Diageo has a one year low of GBX 1741.00 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 £48.586 billion.
A number of other analysts have also recently weighed in on DGE. Analysts at Kepler Capital Markets reiterated a “buy” rating on shares of Diageo in a research note to investors on Friday. They now have a GBX 2,180 ($34.98) price target on the stock. Separately, analysts at Numis Securities Ltd initiated coverage on shares of Diageo in a research note to investors on Friday. They set an “add” rating and a GBX 2,200 ($35.30) price target on the stock. Finally, analysts at Santander reiterated a “hold” rating on shares of Diageo in a research note to investors on Friday. They now have a GBX 2,050 ($32.89) price target on the stock. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and twenty-two have given a buy rating to the stock. Diageo currently has an average rating of “Buy” and a consensus price target of GBX 2,099.90 ($33.69).
Diageo plc (LON:DGE) is engaged in drinks business.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.