Diageo plc Reaches New 12-Month Low at $114.51 (DEO)
Shares of Diageo plc (NYSE:DEO) reached a new 52-week low on Friday , Analyst Ratings Network.com reports. The stock traded as low as $114.51 and last traded at $115.61, with a volume of 934,028 shares. The stock had previously closed at $117.11.
Several analysts have recently commented on the stock. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Diageo plc in a research note on Friday. Separately, analysts at Canaccord Genuity reiterated a “sell” rating on shares of Diageo plc in a research note on Friday. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Diageo plc in a research note on Thursday. They now have a $125.00 price target on the stock. Five investment analysts have rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $125.00.
The stock has a 50-day moving average of $124.4 and a 200-day moving average of $124.6. The company has a market cap of $73.215 billion and a P/E ratio of 19.43.
The company also recently announced a special dividend, which is scheduled for Tuesday, October 7th. Shareholders of record on Friday, August 15th will be paid a dividend of $2.158 per share. This represents a dividend yield of 2.19%. The ex-dividend date is Wednesday, August 13th.
Diageo plc (NYSE:DEO) is engaged in drinks business.
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