Liberum Capital Reiterates “Hold” Rating for Diageo (DGE)
Diageo (LON:DGE)‘s stock had its “hold” rating restated by equities researchers at Liberum Capital in a research report issued on Tuesday, Analyst Ratings Network reports.
Several other analysts have also recently commented on the stock. Analysts at Investec downgraded shares of Diageo to a “sell” rating in a research note to investors on Monday. They now have a GBX 1,865 ($29.77) price target on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Diageo in a research note to investors on Friday. They now have a GBX 2,250 ($35.92) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Diageo in a research note to investors on Friday. They now have a GBX 2,250 ($35.92) price target on the stock. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and twenty-two have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of GBX 2,096.98 ($33.48).
Shares of Diageo (LON:DGE) traded down 0.95% on Tuesday, hitting GBX 1935.00. 3,624,875 shares of the company’s stock traded hands. Diageo has a 52-week low of GBX 1741.00 and a 52-week 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 £48.436 billion.
Diageo plc (LON:DGE) is engaged in drinks business.
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