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Diageo plc (LON:DGE)‘s stock had its “buy” rating reaffirmed by research analysts at Citigroup Inc. in a report released on Wednesday. They currently have a GBX 2,150 ($36.51) price objective on the stock. Citigroup Inc.’s target price indicates a potential upside of 20.92% from the stock’s previous close.

Diageo plc (LON:DGE) traded down 0.45% during mid-day trading on Wednesday, hitting GBX 1778.0001. The stock had a trading volume of 4,157,262 shares. Diageo plc has a 52 week low of GBX 950.00 and a 52 week high of GBX 2152.50. The stock’s 50-day moving average is GBX 1848. and its 200-day moving average is GBX 1863.. The company’s market cap is £44.539 billion.

The company also recently announced a dividend, which is scheduled for Thursday, October 2nd. Shareholders of record on Wednesday, August 13th will be paid a dividend of GBX 32 ($0.54) per share. This represents a dividend yield of 1.79%. The ex-dividend date is Wednesday, August 13th.

Several other analysts have also recently commented on the stock. Analysts at Kepler Capital Markets reiterated a “hold” rating on shares of Diageo plc in a research note on Tuesday, July 29th. They now have a GBX 1,850 ($31.41) 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, July 28th. They now have a GBX 2,210 ($37.53) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Diageo plc in a research note on Monday, July 28th. They now have a GBX 1,950 ($33.11) price target on the stock. Six analysts have rated the stock with a sell rating, nine have given a hold rating and fifteen have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 1,972.26 ($33.49).

Diageo plc (LON:DGE) is engaged in drinks business.

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