Diageo Rating Reiterated by Santander (DGE)
Diageo (LON:DGE)‘s stock had its “hold” rating reaffirmed by equities researchers at Santander in a research report issued on Friday, StockRatingsNetwork reports. They currently have a GBX 2,050 ($33.62) price objective on the stock. Santander’s price target would suggest a potential upside of 5.72% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Diageo in a research note to investors on Thursday. They now have a GBX 1,900 ($31.16) price target on the stock. Separately, analysts at Grupo Santander reiterated a “hold” rating on shares of Diageo in a research note to investors on Wednesday. They now have a GBX 2,050 ($33.62) price target on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of Diageo in a research note to investors on Tuesday. They now have a GBX 2,200 ($36.08) price target on the stock. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and twenty-three have issued a buy rating to the company’s stock. Diageo currently has an average rating of “Buy” and a consensus price target of GBX 2,169.02 ($35.58).
Diageo (LON:DGE) traded up 2.04% during mid-day trading on Friday, hitting GBX 1978.50. 3,730,493 shares of the company’s stock traded hands. Diageo has a 1-year low of GBX 1762.50 and a 1-year high of GBX 2152.50. The stock has a 50-day moving average of GBX 1949. and a 200-day moving average of GBX 1984.. The company’s market cap is £49.525 billion.
Diageo plc (LON:DGE) is engaged in drinks business.
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