Diageo plc Receives Hold Rating from Numis Securities Ltd (DGE)
Diageo plc (LON:DGE)‘s stock had its “hold” rating reaffirmed by equities researchers at Numis Securities Ltd in a research report issued on Thursday. They currently have a GBX 1,900 ($32.53) target price on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 3.32% from the stock’s previous close.
Diageo plc (LON:DGE) traded down 0.68% on Thursday, hitting GBX 1826.50. 2,945,682 shares of the company’s stock traded hands. Diageo plc has a 1-year low of GBX 1691.00 and a 1-year high of GBX 2152.50. The stock’s 50-day moving average is GBX 1879. and its 200-day moving average is GBX 1876.. The company’s market cap is £45.790 billion.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. downgraded shares of Diageo plc to an “underweight” rating in a research note on Thursday. They now have a GBX 1,760 ($30.13) price target on the stock, down previously from GBX 1,780 ($30.47). Separately, analysts at Societe Generale downgraded shares of Diageo plc to a “sell” rating in a research note on Wednesday. They now have a GBX 1,650 ($28.25) price target on the stock, down previously from GBX 1,850 ($31.67). Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Diageo plc in a research note on Monday. They now have a GBX 1,950 ($33.38) price target on the stock. Five research analysts have rated the stock with a sell rating, ten have issued a hold rating and sixteen have given a buy rating to the stock. Diageo plc has an average rating of “Hold” and an average target price of GBX 1,982.15 ($33.94).
Diageo plc (LON:DGE) is engaged in drinks business.
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