Shares of Diageo plc (LON:DGE – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the seven brokerages that are covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is GBX 2,033.86.
Several equities analysts have recently weighed in on DGE shares. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 2,000 target price on shares of Diageo in a research note on Monday, August 24th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Diageo from GBX 1,770 to GBX 1,734 and set a “hold” rating for the company in a report on Wednesday, September 16th. Jefferies Financial Group lifted their price objective on shares of Diageo from GBX 2,000 to GBX 2,200 and gave the company a “buy” rating in a research note on Monday, August 10th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 2,223 price objective on shares of Diageo in a research note on Friday, August 7th.
View Our Latest Stock Report on DGE
Insider Activity
Diageo Price Performance
LON DGE opened at GBX 1,639 on Friday. The company has a market cap of £36.46 billion, a PE ratio of 21.04, a price-to-earnings-growth ratio of 1.75 and a beta of 0.31. Diageo has a 52 week low of GBX 1,295.50 and a 52 week high of GBX 1,903.90. The company has a quick ratio of 0.62, a current ratio of 1.60 and a debt-to-equity ratio of 203.12. The firm’s 50-day simple moving average is GBX 1,665.63 and its two-hundred day simple moving average is GBX 1,564.10.
About Diageo
Diageo is a global leader in premium drinks, across spirits and beer, a business built on the principles and foundations laid by the giants of the industry.
With over 200 brands sold in 180 countries, our portfolio has remarkable breadth. From centuries-old names to exciting new entrants, and global giants to local legends, we’re building the very best brands out there, and with over 30,000 talented people based in over 135 countries, we’re a truly global company. With such diversity, we’re able to truly represent our broad consumer base and think differently about the future.
To maintain our position as leaders in the alcoholic beverage market, we always invest in the future and are mindful of the impact we have.
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