Diageo plc’s “Underperform” Rating Reaffirmed at RBC Capital (DGE)
Diageo plc (LON:DGE)‘s stock had its “underperform” rating reiterated by RBC Capital in a research note issued on Tuesday, Analyst Ratings Net reports. They currently have a GBX 1,600 ($26.95) price target on the stock. RBC Capital’s price objective indicates a potential downside of 14.08% from the stock’s previous close.
DGE has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of Diageo plc in a research note on Monday. They now have a GBX 1,835 ($30.91) price target on the stock. Separately, analysts at HSBC reiterated a “neutral” rating on shares of Diageo plc in a research note on Monday. They now have a GBX 2,050 ($34.53) price target on the stock. Finally, analysts at Nomura reiterated a “buy” rating on shares of Diageo plc in a research note on Wednesday, April 30th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eighteen have assigned a buy rating to the company. Diageo plc presently has an average rating of “Hold” and an average target price of GBX 2,022.36 ($34.06).
Shares of Diageo plc (LON:DGE) opened at 1870.50 on Tuesday. Diageo plc has a 1-year low of GBX 1691.00 and a 1-year high of GBX 2152.50. The stock’s 50-day moving average is GBX 1846. and its 200-day moving average is GBX 1903.. The company’s market cap is £46.893 billion.
Diageo plc (LON:DGE) is engaged in drinks business.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.