Diageo (DGE) Given a GBX 2,840 Price Target at Credit Suisse Group
Diageo (LON:DGE) has been assigned a GBX 2,840 ($38.22) price target by equities researchers at Credit Suisse Group in a report issued on Thursday. The brokerage presently has a “buy” rating on the stock. Credit Suisse Group’s price target indicates a potential upside of 7.39% from the stock’s previous close.
Other analysts also recently issued reports about the stock. Jefferies Group set a GBX 3,000 ($40.38) price target on shares of Diageo and gave the company a “buy” rating in a report on Friday, September 1st. J P Morgan Chase & Co reiterated a “buy” rating on shares of Diageo in a report on Thursday, August 31st. UBS set a GBX 2,880 ($38.76) price target on shares of Diageo and gave the company a “buy” rating in a report on Wednesday, August 30th. Shore Capital restated a “buy” rating on shares of Diageo in a report on Wednesday, September 20th. Finally, Sanford C. Bernstein set a GBX 3,000 ($40.38) target price on shares of Diageo and gave the stock a “buy” rating in a report on Monday, October 16th. One analyst has rated the stock with a sell rating, eight have given a hold rating and fourteen have issued a buy rating to the company. Diageo currently has a consensus rating of “Buy” and an average target price of GBX 2,587.86 ($34.83).
Shares of Diageo (DGE) opened at GBX 2,644.50 ($35.59) on Thursday. Diageo has a fifty-two week low of GBX 2,040 ($27.46) and a fifty-two week high of GBX 2,677.50 ($36.04).
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.
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