Sanford C. Bernstein Reiterates “Outperform” Rating for Diageo plc (DGE)
Diageo plc (LON:DGE)‘s stock had its “outperform” rating reaffirmed by research analysts at Sanford C. Bernstein in a report released on Friday. They currently have a GBX 2,280 ($38.38) price objective on the stock. Sanford C. Bernstein’s price target indicates a potential upside of 19.72% from the company’s current price.
Shares of Diageo plc (LON:DGE) opened at 1915.5001 on Friday. Diageo plc has a 52-week low of GBX 1691.00 and a 52-week high of GBX 2152.50. The stock’s 50-day moving average is GBX 1864.93 and its 200-day moving average is GBX 1895.. The company’s market cap is £48.022 billion.
A number of other analysts have also recently weighed in on DGE. Analysts at Kepler Capital Markets reiterated a “hold” rating on shares of Diageo plc in a research note on Wednesday. They now have a GBX 1,850 ($31.14) price target on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Diageo plc in a research note on Tuesday. They now have a GBX 1,925 ($32.40) price target on the stock. Finally, analysts at RBC Capital reiterated an “underperform” rating on shares of Diageo plc in a research note on Tuesday. They now have a GBX 1,600 ($26.93) price target on the stock. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and seventeen have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 2,002.26 ($33.70).
Diageo plc (LON:DGE) is engaged in drinks business.
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