Diageo plc (LON:DGE)‘s stock had its “buy” rating reaffirmed by analysts at Jefferies Group in a research report issued on Sunday, StockTargetPrices.com reports. They currently have a GBX 2,300 ($28.74) target price on the stock. Jefferies Group’s price objective would indicate a potential upside of 14.14% from the stock’s current price.
Other equities analysts also recently issued reports about the company. 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 report on Monday, August 1st. Berenberg Bank boosted their price objective 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. Morgan Stanley set a GBX 2,400 ($29.99) price objective on Diageo plc and gave the stock a “buy” rating in a research report on Thursday, September 8th. Beaufort Securities reaffirmed a “buy” rating on shares of Diageo plc in a report on Thursday, September 22nd. Finally, HSBC set a GBX 2,600 ($32.48) price target on Diageo plc and gave the company a “buy” rating in a report on Wednesday, October 26th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and fifteen have assigned a buy rating to the stock. Diageo plc has an average rating of “Hold” and an average price target of GBX 2,197.67 ($27.46).
Shares of Diageo plc (LON:DGE) opened at 2015.00 on Friday. Diageo plc has a 52 week low of GBX 1,724.50 and a 52 week high of GBX 2,286.50. The stock’s 50 day moving average is GBX 2,113.04 and its 200-day moving average is GBX 2,063.49. The firm’s market cap is GBX 50.58 billion.
In related news, insider Franz B. Humer acquired 369 shares of the firm’s stock in a transaction that occurred on Monday, October 10th. The shares were acquired 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 firm’s stock in a transaction that occurred on Thursday, September 29th. The shares were bought at an average cost of GBX 2,221 ($27.75) per share, for a total transaction of £410,885 ($513,349.58).
Diageo plc Company Profile