Diageo plc Given Average Rating of “Hold” by Brokerages (NYSE:DEO)
Shares of Diageo plc (NYSE:DEO) have been given a consensus rating of “Hold” by the eighteen analysts that are covering the stock, AR Network reports. Five investment analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $125.00.
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, August 8th. Separately, analysts at Canaccord Genuity reiterated a “sell” rating on shares of Diageo plc in a research note on Friday, August 8th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Diageo plc in a research note on Thursday, August 7th. They now have a $125.00 price target on the stock.
Shares of Diageo plc (NYSE:DEO) opened at 118.91 on Friday. Diageo plc has a one year low of $114.51 and a one year high of $134.08. The stock’s 50-day moving average is $121.7 and its 200-day moving average is $124.2. The company has a market cap of $74.355 billion and a price-to-earnings ratio of 19.96.
The company also recently declared a special dividend, which is scheduled for Tuesday, October 7th. Shareholders of record on Friday, August 15th will be given a dividend of $2.158 per share. This represents a yield of 2.19%. The ex-dividend date of this dividend is Wednesday, August 13th.
Diageo plc (NYSE:DEO) is engaged in drinks business.
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