Nomura Reiterates “Buy” Rating for Diageo plc (DGE)
Diageo plc (LON:DGE)‘s stock had its “buy” rating reaffirmed by equities research analysts at Nomura in a research note issued to investors on Wednesday, AnalystRatings.Net reports.
Diageo plc (LON:DGE) traded up 0.04% on Wednesday, hitting GBX 1825.6799. The stock had a trading volume of 3,104,977 shares. Diageo plc has a 52-week low of GBX 950.00 and a 52-week high of GBX 2152.50. The stock’s 50-day moving average is GBX 1838. and its 200-day moving average is GBX 1910.. The company’s market cap is £45.770 billion.
Several other analysts have also recently commented on the stock. Analysts at Societe Generale reiterated a “hold” rating on shares of Diageo plc in a research note on Tuesday. They now have a GBX 1,850 ($31.08) price target on the stock. Separately, analysts at Credit Suisse downgraded shares of Diageo plc to a “neutral” rating in a research note on Monday, April 28th. They now have a GBX 1,950 ($32.76) price target on the stock, down previously from GBX 2,200 ($36.96). Finally, analysts at Natixis reiterated a “buy” rating on shares of Diageo plc in a research note on Friday, April 25th. They now have a GBX 2,200 ($36.96) price target on the stock. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eighteen have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of GBX 2,021.33 ($33.96).
Diageo plc (LON:DGE) is engaged in drinks business.
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