Diageo plc Receives Consensus Recommendation of “Hold” from Brokerages (LON:DGE)
Shares of Diageo plc (LON:DGE) have received an average recommendation of “Hold” from the thirty brokerages that are covering the company, AnalystRatingsNetwork reports. Six investment analysts have rated the stock with a sell rating, nine have given a hold rating and fifteen have given a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is GBX 1,968.56 ($33.02).
Diageo plc (LON:DGE) opened at 1750.00 on Monday. Diageo plc has a 52 week low of GBX 1691.00 and a 52 week high of GBX 2085.50. The stock has a 50-day moving average of GBX 1815. and a 200-day moving average of GBX 1847.. The company’s market cap is £43.838 billion.
The company also recently declared a dividend, which is scheduled for Thursday, October 2nd. Shareholders of record on Wednesday, August 13th will be given a dividend of GBX 32 ($0.54) per share. This represents a yield of 1.79%. The ex-dividend date of this dividend is Wednesday, August 13th.
DGE has been the subject of a number of recent research reports. Analysts at RBC Capital reiterated an “underperform” rating on shares of Diageo plc in a research note on Thursday. They now have a GBX 1,500 ($25.16) 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 Friday, August 8th. They now have a GBX 2,210 ($37.07) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “sell” rating on shares of Diageo plc in a research note on Friday, August 8th. They now have a GBX 1,540 ($25.83) price target on the stock.
Diageo plc (LON:DGE) is engaged in drinks business.
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