Diageo plc (LON:DGE)‘s stock had its “buy” rating restated by stock analysts at Jefferies Group in a research note issued on Sunday, StockTargetPrices.com reports. They currently have a GBX 2,300 ($28.74) price target on the stock. Jefferies Group’s target price indicates a potential upside of 14.14% from the stock’s current price.
DGE has been the topic of a number of other reports. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 2,500 ($31.23) target price on shares of Diageo plc in a research report on Friday, November 11th. HSBC set a GBX 2,600 ($32.48) target price on shares of Diageo plc and gave the company a “buy” rating in a research report on Wednesday, October 26th. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 2,150 ($26.86) target price on shares of Diageo plc in a research report on Tuesday, November 15th. Liberum Capital began coverage on shares of Diageo plc in a research report on Monday, October 3rd. They issued a “hold” rating and a GBX 2,182 ($27.26) target price on the stock. Finally, Goldman Sachs Group Inc. set a GBX 2,185 ($27.30) target price on shares of Diageo plc and gave the company a “neutral” rating in a research report on Friday, November 18th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and fifteen have given a buy rating to the stock. Diageo plc presently has an average rating of “Hold” and an average price target of GBX 2,197.67 ($27.46).
Diageo plc (LON:DGE) opened at 2015.00 on Friday. The firm’s market cap is GBX 50.58 billion. Diageo plc has a 12 month low of GBX 1,724.50 and a 12 month high of GBX 2,286.50. The firm has a 50 day moving average of GBX 2,113.04 and a 200-day moving average of GBX 2,063.49.
In other news, insider Franz B. Humer purchased 369 shares of the stock in a transaction dated Monday, October 10th. The stock was acquired at an average cost of GBX 2,242 ($28.01) per share, for a total transaction of £8,272.98 ($10,336.06). Also, insider Javier Ferran purchased 13,000 shares of the stock in a transaction dated Tuesday, November 15th. The shares were purchased at an average price of GBX 1,975 ($24.68) per share, with a total value of £256,750 ($320,777.11).
Diageo plc Company Profile