Diageo plc Stock Rating Reaffirmed by Societe Generale (DGE)
Diageo plc (LON:DGE)‘s stock had its “hold” rating reiterated by analysts at Societe Generale in a research report issued to clients and investors on Tuesday. They currently have a GBX 1,850 ($31.51) price target on the stock. Societe Generale’s target price points to a potential downside of 0.85% from the stock’s previous close.
Shares of Diageo plc (LON:DGE) opened at 1898.50 on Tuesday. 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 1887. and a 200-day moving average of GBX 1881.. The company’s market cap is £47.595 billion.
A number of other analysts have also recently weighed in on DGE. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Diageo plc in a research note on Tuesday. They now have a GBX 1,950 ($33.21) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of Diageo plc in a research note on Monday. They now have a GBX 2,300 ($39.18) 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. They now have a GBX 1,600 ($27.25) price target on the stock. Three research 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 a consensus rating of “Hold” and an average price target of GBX 1,999.32 ($34.05).
Diageo plc (LON:DGE) is engaged in drinks business.
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