Diageo plc (LON:DGE) had its price objective increased by Jefferies Group from GBX 2,500 ($30.47) to GBX 2,600 ($31.69) in a report released on Monday morning. They currently have a buy rating on the stock.
A number of other analysts have also commented on the stock. BNP Paribas boosted their price target on shares of Diageo plc from GBX 2,300 ($28.03) to GBX 2,540 ($30.96) and gave the company an outperform rating in a research note on Monday. Liberum Capital began coverage on shares of Diageo plc in a research note on Monday, October 3rd. They issued a hold rating and a GBX 2,182 ($26.59) target price for the company. Beaufort Securities reiterated a buy rating on shares of Diageo plc in a research note on Thursday, September 22nd. Societe Generale reiterated a hold rating and issued a GBX 2,308 ($28.13) target price on shares of Diageo plc in a research note on Wednesday, September 21st. Finally, Barclays PLC reiterated an equal weight rating and issued a GBX 2,150 ($26.20) target price on shares of Diageo plc in a research note on Wednesday, September 21st. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and thirteen have issued a buy rating to the stock. Diageo plc has a consensus rating of Hold and a consensus price target of GBX 2,179.13 ($26.56).
Shares of Diageo plc (LON:DGE) opened at 2190.50 on Monday. The firm’s market cap is GBX 54.99 billion. The firm has a 50-day moving average of GBX 2,168.29 and a 200 day moving average of GBX 2,026.99. Diageo plc has a 52 week low of GBX 1,724.50 and a 52 week high of GBX 2,286.50.
The company also recently announced a dividend, which was paid on Thursday, October 6th. Stockholders of record on Thursday, August 11th were issued a GBX 36.60 ($0.45) dividend. This is a boost from Diageo plc’s previous dividend of $22.60. The ex-dividend date was Thursday, August 11th. This represents a dividend yield of 1.67%.
In other news, insider Javier Ferran bought 18,500 shares of the business’s stock in a transaction dated Thursday, September 29th. The shares were purchased at an average price of GBX 2,221 ($27.07) per share, for a total transaction of £410,885 ($500,773.92). Also, insider Franz B. Humer bought 369 shares of the business’s stock in a transaction dated Monday, October 10th. The stock was purchased at an average price of GBX 2,242 ($27.32) per share, for a total transaction of £8,272.98 ($10,082.85).