Diageo plc Receives Consensus Rating of “Hold” from Analysts (LON:DGE)
Shares of Diageo plc (LON:DGE) have earned an average rating of “Hold” from the thirty-two brokerages that are presently covering the stock, Stock Ratings News reports. Three research analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation and seventeen have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is GBX 1,999.32 ($34.03).
Several analysts have recently commented on the stock. Analysts at RBC Capital reiterated an “underperform” rating on shares of Diageo plc in a research note on Friday. They now have a GBX 1,600 ($27.23) price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of Diageo plc in a research note on Thursday. They now have a GBX 2,000 ($34.04) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Diageo plc in a research note on Friday, June 20th. They now have a GBX 2,300 ($39.14) price target on the stock.
Diageo plc (LON:DGE) traded up 0.52% on Friday, hitting GBX 1842.4999. 1,806,637 shares of the company’s stock traded hands. 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 1885.18 and a 200-day moving average of GBX 1882.68. The company’s market cap is £46.191 billion.
Diageo plc (LON:DGE) is engaged in drinks business.
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