Diageo Receives “Buy” Rating from Deutsche Bank (DGE)
Diageo (LON:DGE)‘s stock had its “buy” rating reaffirmed by Deutsche Bank in a research note issued on Friday, AnalystRatings.NET reports. They currently have a GBX 2,250 ($36.10) target price on the stock. Deutsche Bank’s price target would indicate a potential upside of 17.13% from the stock’s previous close.
DGE has been the subject of a number of other recent research reports. Analysts at BNP Paribas upgraded shares of Diageo from a “neutral” rating to an “outperform” rating in a research note to investors on Friday. They now have a GBX 2,033 ($32.62) price target on the stock. Separately, analysts at Berenberg Bank reiterated a “buy” rating on shares of Diageo in a research note to investors on Friday. They now have a GBX 2,250 ($36.10) price target on the stock. Finally, analysts at Bank of America Corp. reiterated a “buy” rating on shares of Diageo in a research note to investors on Thursday. They now have a GBX 2,450 ($39.31) price target on the stock. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating and twenty-two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average target price of GBX 2,105.26 ($33.78).
Shares of Diageo (LON:DGE) opened at 1951.50 on Friday. Diageo has a 1-year low of GBX 1741.00 and a 1-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 £48.849 billion.
Diageo plc (LON:DGE) is engaged in drinks business.
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