Diageo’s “Add” Rating Reaffirmed at Numis Securities Ltd (DGE)
Diageo (LON:DGE)‘s stock had its “add” rating restated by Numis Securities Ltd in a research note issued on Wednesday, Analyst Ratings Net reports. They currently have a GBX 2,200 ($35.12) target price on the stock. Numis Securities Ltd’s price target points to a potential upside of 13.70% from the stock’s previous close.
Shares of Diageo (LON:DGE) opened at 1934.4999 on Wednesday. Diageo has a 52 week low of GBX 1741.00 and a 52 week 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 £48.424 billion.
A number of other analysts have also recently weighed in on DGE. Analysts at Liberum Capital reiterated a “hold” rating on shares of Diageo in a research note to investors on Tuesday. Separately, 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. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Diageo in a research note to investors on Friday, October 11th. They now have a GBX 2,250 ($35.92) price target on the stock. Two investment 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 stock presently has an average rating of “Buy” and an average target price of GBX 2,096.98 ($33.48).
Diageo plc (LON:DGE) is engaged in drinks business.
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