Shares of Diageo plc (LON:DGE) have been given an average recommendation of “Hold” by the twenty-seven ratings firms that are currently covering the company. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and thirteen have given a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is GBX 2,164.96 ($28.26).
A number of research analysts recently issued reports on the stock. Beaufort Securities restated a “buy” rating on shares of Diageo plc in a research report on Friday, July 29th. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 2,240 ($29.24) target price on shares of Diageo plc in a research report on Monday, June 27th. BNP Paribas restated an “outperform” rating and set a GBX 2,300 ($30.02) target price on shares of Diageo plc in a research report on Thursday, September 15th. Kepler Capital Markets boosted their target price on shares of Diageo plc from GBX 1,980 ($25.85) to GBX 2,150 ($28.06) and gave the company a “hold” rating in a research report on Friday, July 29th. Finally, Barclays PLC restated an “equal weight” rating and set a GBX 2,150 ($28.06) target price on shares of Diageo plc in a research report on Wednesday, September 21st.
In related news, insider Javier Ferran acquired 18,500 shares of the firm’s stock in a transaction dated Thursday, September 29th. The shares were purchased at an average cost of GBX 2,221 ($28.99) per share, for a total transaction of £410,885 ($536,333.38).
Diageo plc (LON:DGE) opened at 2231.50 on Tuesday. The company has a 50 day moving average of GBX 2,160.24 and a 200-day moving average of GBX 2,011.35. The company’s market cap is GBX 56.02 billion. Diageo plc has a one year low of GBX 1,724.50 and a one year high of GBX 2,286.50.