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 Monday. They currently have a GBX 2,210 ($37.53) target price on the stock. Sanford C. Bernstein’s price objective points to a potential upside of 23.50% from the stock’s previous close.
Several other analysts have also recently commented on the stock. 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 ($33.11) price target on the stock. Separately, 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 ($27.17) price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of Diageo plc in a research note on Wednesday, July 23rd. They now have a GBX 1,950 ($33.11) price target on the stock. Five equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and fourteen have given a buy rating to the company. Diageo plc currently has a consensus rating of “Hold” and an average target price of GBX 1,978.69 ($33.60).
Shares of Diageo plc (LON:DGE) traded down 0.45% during mid-day trading on Monday, hitting GBX 1789.50. 4,069,680 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 1858.81 and a 200-day moving average of GBX 1866.. The company’s market cap is £44.863 billion.
Diageo plc (LON:DGE) is engaged in drinks business.
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