Diageo plc (LON:DGE)‘s stock had its “buy” rating restated by stock analysts at Jefferies Group in a report issued on Wednesday. They currently have a GBX 2,500 ($32.63) price target on the stock. Jefferies Group’s price objective points to a potential upside of 14.63% from the company’s current price.

DGE has been the topic of a number of other reports. S&P Global Inc. set a GBX 2,400 ($31.33) price target on shares of Diageo plc and gave the company a “buy” rating in a report on Thursday, July 28th. Barclays PLC reiterated an “equal weight” rating and issued a GBX 2,150 ($28.06) price target on shares of Diageo plc in a report on Friday, July 29th. Goldman Sachs Group Inc. set a GBX 2,150 ($28.06) price target on shares of Diageo plc and gave the company a “neutral” rating in a report on Friday, July 29th. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 2,240 ($29.24) price target on shares of Diageo plc in a report on Friday, July 29th. Finally, Deutsche Bank AG lifted their price target on shares of Diageo plc from GBX 1,900 ($24.80) to GBX 2,000 ($26.11) and gave the company a “hold” rating in a report on Friday, July 29th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and fourteen have issued a buy rating to the company. Diageo plc currently has an average rating of “Hold” and an average target price of GBX 2,156.38 ($28.15).

Analyst Recommendations for Diageo plc (LON:DGE)

Diageo plc (LON:DGE) opened at 2180.08 on Wednesday. Diageo plc has a 52 week low of GBX 1,705.00 and a 52 week high of GBX 2,218.00. The company’s market capitalization is GBX 54.73 billion. The stock’s 50 day moving average is GBX 2,142.20 and its 200 day moving average is GBX 1,982.63.

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The firm also recently declared a dividend, which will be paid on Thursday, October 6th. Stockholders of record on Thursday, August 11th will be issued a GBX 36.60 ($0.48) dividend. The ex-dividend date is Thursday, August 11th. This represents a dividend yield of 1.67%. This is a positive change from Diageo plc’s previous dividend of $22.60.

About Diageo plc

Diageo plc (Diageo) is a drinks business company. The Company is a provider of beverage alcohol of various brands in spirits, beer and wine. The Company produces its brands from more than 200 sites in over 30 countries. Diageo owns manufacturing production facilities across the globe, including maltings, distilleries, breweries, packaging plants, maturation warehouses, cooperages, vineyards, wineries and distribution warehouses.

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