Todays Report: Today, Credit Suisse Group AG Reiterates Outperform Rating for Diageo plc (DGE)

Today, Credit Suisse Group AG Reiterates Outperform Rating for Diageo plc (DGE)

Diageo plc (LON:DGE)‘s stock had its “outperform” rating restated by analysts at Credit Suisse Group AG in a research report issued on Friday. They currently have a GBX 2,370 ($29.61) price objective on the stock. Credit Suisse Group AG’s price target points to a potential upside of 18.74% from the company’s previous close.

Other analysts have also recently issued research reports about the company. Berenberg Bank upped their price target on Diageo plc from GBX 2,350 ($29.36) to GBX 2,400 ($29.99) and gave the stock a “buy” rating in a research report on Tuesday, August 30th. S&P Global Inc. set a GBX 2,400 ($29.99) price objective on Diageo plc and gave the stock a “buy” rating in a research note on Thursday, July 28th. Shore Capital reaffirmed a “buy” rating on shares of Diageo plc in a research note on Thursday, July 28th. Beaufort Securities reaffirmed a “buy” rating on shares of Diageo plc in a research note on Friday, July 29th. Finally, JPMorgan Chase & Co. set a GBX 2,400 ($29.99) price objective on Diageo plc and gave the stock a “buy” rating in a research note on Monday, August 1st. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and fifteen have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 2,197.67 ($27.46).

Diageo plc (LON:DGE) opened at 2010.50 on Friday. The stock’s market capitalization is GBX 50.47 billion. Diageo plc has a 52 week low of GBX 1,724.50 and a 52 week high of GBX 2,286.50. The firm has a 50-day moving average price of GBX 2,118.59 and a 200-day moving average price of GBX 2,063.21.

In other Diageo plc news, insider Franz B. Humer acquired 369 shares of the stock in a transaction dated Monday, October 10th. The stock was purchased at an average price of GBX 2,242 ($28.01) per share, with a total value of £8,272.98 ($10,336.06). Also, insider Javier Ferran acquired 18,500 shares of the stock in a transaction dated Thursday, September 29th. The stock was acquired at an average cost of GBX 2,221 ($27.75) per share, with a total value of £410,885 ($513,349.58).

Related posts

Leave a Comment