Diageo plc’s Neutral Rating Reaffirmed at HSBC (DGE)
Diageo plc (LON:DGE)‘s stock had its “neutral” rating reiterated by HSBC in a research note issued on Monday, Analyst RN reports. They currently have a GBX 2,050 ($34.53) price objective on the stock. HSBC’s price target indicates a potential upside of 5.56% from the company’s current price.
Shares of Diageo plc (LON:DGE) opened at 1942.00 on Monday. Diageo plc has a one year low of GBX 1691.00 and a one year high of GBX 2152.50. The stock has a 50-day moving average of GBX 1853. and a 200-day moving average of GBX 1902.18. The company’s market cap is £48.686 billion.
A number of other analysts have also recently weighed in on DGE. Analysts at RBC Capital reiterated an “underperform” rating on shares of Diageo plc in a research note on Friday, May 2nd. They now have a GBX 1,600 ($26.95) price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of Diageo plc in a research note on Wednesday, April 30th. Finally, analysts at Societe Generale reiterated a “hold” rating on shares of Diageo plc in a research note on Tuesday, April 29th. They now have a GBX 1,850 ($31.16) price target on the stock. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eighteen have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 2,023.19 ($34.08).
Diageo plc (LON:DGE) is engaged in drinks business.
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