Diageo plc (LON:DGE) PT Set at GBX 2,700 by S&P Global
Diageo plc (LON:DGE) received a GBX 2,700 ($35.17) price target from equities researchers at S&P Global in a research note issued on Thursday. The brokerage presently has a “buy” rating on the stock. S&P Global’s target price points to a potential upside of 18.81% from the company’s current price.
DGE has been the topic of a number of other reports. Shore Capital restated a “buy” rating on shares of Diageo plc in a research report on Thursday, June 22nd. Liberum Capital restated a “sell” rating and set a GBX 2,000 ($26.06) price objective on shares of Diageo plc in a research report on Wednesday, March 29th. J P Morgan Chase & Co restated an “overweight” rating and set a GBX 2,500 ($32.57) price objective on shares of Diageo plc in a research report on Wednesday, May 3rd. Goldman Sachs Group, Inc. (The) set a GBX 2,100 ($27.36) price objective on Diageo plc and gave the company a “sell” rating in a research report on Friday, March 31st. Finally, Credit Suisse Group restated an “outperform” rating and set a GBX 2,500 ($32.57) price objective on shares of Diageo plc in a research report on Wednesday, April 19th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and fourteen have given a buy rating to the company’s stock. Diageo plc currently has a consensus rating of “Buy” and an average target price of GBX 2,452.18 ($31.95).
Shares of Diageo plc (LON:DGE) opened at 2433.00 on Thursday. The stock’s 50 day moving average is GBX 2,301.68 and its 200-day moving average is GBX 2,273.42. Diageo plc has a 52-week low of GBX 1,946.00 and a 52-week high of GBX 2,458.00. The firm’s market cap is GBX 61.09 billion.
ILLEGAL ACTIVITY NOTICE: “Diageo plc (LON:DGE) PT Set at GBX 2,700 by S&P Global” was reported by American Banking News and is the sole property of of American Banking News. If you are reading this report on another domain, it was illegally copied and republished in violation of U.S. and international copyright & trademark legislation. The correct version of this report can be read at https://www.americanbankingnews.com/2017/07/27/diageo-plc-londge-pt-set-at-gbx-2700-by-sp-global.html.
In related news, insider Philip G. Scott sold 8,000 shares of the company’s stock in a transaction dated Thursday, May 11th. The stock was sold at an average price of GBX 2,283 ($29.74), for a total value of £182,640 ($237,936.43). Also, insider Kathryn Mikells sold 20,664 shares of the company’s stock in a transaction dated Monday, May 15th. The shares were sold at an average price of GBX 2,291 ($29.85), for a total value of £473,412.24 ($616,743.41). Insiders purchased 24 shares of company stock valued at $54,967 in the last quarter.
Diageo plc Company Profile
Diageo PLC is an alcoholic beverage company. The Company operates in various categories, including spirits and beer. Its geographic segments include North America; Europe, Russia and Turkey; Africa; Latin America and Caribbean, and Asia Pacific. Its principal products includes Scotch whisky, Gin, Vodka, Rum, Beer, Irish Cream Liqueur, Wine, Raki, Tequila, Canadian Whisky, American Whiskey, Progressive Adult Beverages, Cachaca, Brandy and Ready to Drink.
Receive News & Ratings for Diageo plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diageo plc and related companies with MarketBeat.com's FREE daily email newsletter.