Diageo plc Earns “Outperform” Rating from Sanford C. Bernstein (DGE)
Diageo plc (LON:DGE)‘s stock had its “outperform” rating restated by Sanford C. Bernstein in a research note issued on Friday. They currently have a GBX 2,210 ($36.94) price objective on the stock. Sanford C. Bernstein’s price target would indicate a potential upside of 25.21% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital reiterated an “underperform” rating on shares of Diageo plc in a research note on Thursday, August 14th. They now have a GBX 1,500 ($25.08) price target on the stock. Separately, 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 ($25.74) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Diageo plc in a research note on Friday, August 8th. They now have a GBX 1,950 ($32.60) price target on the stock. Six equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and fifteen have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of GBX 1,968.56 ($32.91).
Shares of Diageo plc (LON:DGE) opened at 1757.00 on Friday. 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 1801. and a 200-day moving average of GBX 1844.. The company’s market cap is £43.946 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 ($0.53) per share. This represents a dividend yield of 1.79%. The ex-dividend date is Wednesday, August 13th.
Diageo plc (LON:DGE) is engaged in drinks business.
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