Diageo plc’s Outperform Rating Reaffirmed at Sanford C. Bernstein (DGE)
Diageo plc (LON:DGE)‘s stock had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein in a research report issued to clients and investors on Friday. They currently have a GBX 2,300 ($39.04) target price on the stock. Sanford C. Bernstein’s price target would suggest a potential upside of 24.12% from the company’s current price.
A number of other analysts have also recently weighed in on DGE. Analysts at Grupo Santander reiterated a “hold” rating on shares of Diageo plc in a research note on Thursday. They now have a GBX 1,950 ($33.10) price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of Diageo plc in a research note on Monday. They now have a GBX 2,000 ($33.95) price target on the stock. Finally, analysts at RBC Capital reiterated an “underperform” rating on shares of Diageo plc in a research note on Friday, June 13th. They now have a GBX 1,600 ($27.16) price target on the stock. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and seventeen have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 1,999.32 ($33.94).
Diageo plc (LON:DGE) opened at 1856.00 on Friday. Diageo plc has a 52-week low of GBX 1691.00 and a 52-week high of GBX 2152.50. The stock has a 50-day moving average of GBX 1882.81 and a 200-day moving average of GBX 1885.. The company’s market cap is £46.530 billion.
Diageo plc (LON:DGE) is engaged in drinks business.
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