Diageo (LON:DGE)‘s stock had its “sell” rating restated by research analysts at Liberum Capital in a research note issued to investors on Monday. They presently have a GBX 2,000 ($27.12) price objective on the stock. Liberum Capital’s price target would suggest a potential downside of 23.66% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Jefferies Group reissued a “buy” rating and issued a GBX 3,000 ($40.68) target price on shares of Diageo in a research report on Wednesday, September 20th. Shore Capital reissued a “buy” rating on shares of Diageo in a research report on Wednesday, September 20th. UBS Group set a GBX 2,880 ($39.06) target price on shares of Diageo and gave the stock a “buy” rating in a research report on Tuesday, October 24th. Sanford C. Bernstein set a GBX 3,000 ($40.68) target price on shares of Diageo and gave the stock a “buy” rating in a research report on Monday, October 16th. Finally, JPMorgan Chase & Co. set a GBX 2,800 ($37.97) target price on shares of Diageo and gave the stock a “buy” rating in a research report on Thursday, October 12th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and fourteen have given a buy rating to the company’s stock. Diageo currently has a consensus rating of “Buy” and an average target price of GBX 2,596.95 ($35.22).

Diageo (LON:DGE) traded down GBX 21 ($0.28) on Monday, hitting GBX 2,620 ($35.53). 17,812,451 shares of the company traded hands, compared to its average volume of 3,450,000. Diageo has a twelve month low of GBX 2,128.50 ($28.86) and a twelve month high of GBX 2,735.50 ($37.10). The firm has a market capitalization of $65,130.00 and a PE ratio of 2,425.93.

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Diageo 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.

Analyst Recommendations for Diageo (LON:DGE)

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