Diageo (DGE) Given a GBX 2,460 Price Target at Goldman Sachs Group

Goldman Sachs Group set a GBX 2,460 ($33.11) price objective on Diageo (LON:DGE) in a research report released on Monday morning. The brokerage currently has a neutral rating on the stock.

A number of other research firms have also issued reports on DGE. Jefferies Group restated a buy rating and issued a GBX 3,000 ($40.38) target price on shares of Diageo in a report on Wednesday, September 20th. Shore Capital restated a buy rating on shares of Diageo in a report on Wednesday, September 20th. J P Morgan Chase & Co restated a buy rating on shares of Diageo in a report on Thursday, August 31st. UBS set a GBX 2,880 ($38.76) target price on Diageo and gave the company a buy rating in a report on Wednesday, August 30th. Finally, Sanford C. Bernstein set a GBX 3,000 ($40.38) target price on Diageo and gave the company a buy rating in a report on Monday, October 16th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and fourteen have assigned a buy rating to the stock. The stock has a consensus rating of Buy and an average price target of GBX 2,587.86 ($34.83).

Diageo (DGE) traded up GBX 3 ($0.04) on Monday, hitting GBX 2,643.50 ($35.58). The stock had a trading volume of 1,365,786 shares, compared to its average volume of 3,890,000. Diageo has a 1-year low of GBX 2,023 ($27.23) and a 1-year high of GBX 2,677.50 ($36.04).

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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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