Diageo plc (LON:DGE)‘s stock had its “buy” rating reaffirmed by equities researchers at Jefferies Group in a research note issued to investors on Sunday, StockTargetPrices.com reports. They presently have a GBX 2,300 ($28.74) target price on the stock. Jefferies Group’s price target would suggest a potential upside of 14.14% from the stock’s previous close.
DGE has been the subject of a number of other reports. Societe Generale reiterated a “hold” rating and set a GBX 2,308 ($28.84) price target on shares of Diageo plc in a report on Wednesday, September 21st. Credit Suisse Group AG restated an “outperform” rating and issued a GBX 2,370 ($29.61) price objective on shares of Diageo plc in a report on Friday. HSBC upped their price objective on shares of Diageo plc from GBX 2,100 ($26.24) to GBX 2,350 ($29.36) and gave the stock a “hold” rating in a report on Tuesday, August 2nd. Morgan Stanley set a GBX 2,400 ($29.99) price objective on shares of Diageo plc and gave the stock a “buy” rating in a report on Thursday, September 8th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 2,400 ($29.99) price objective on shares of Diageo plc in a report on Friday, September 9th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and fifteen have assigned a buy rating to the company. 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 2015.00 on Friday. The company’s market capitalization is GBX 50.58 billion. The company’s 50 day moving average is GBX 2,113.04 and its 200-day moving average is GBX 2,063.49. Diageo plc has a 52-week low of GBX 1,724.50 and a 52-week high of GBX 2,286.50.
In other news, insider Franz B. Humer acquired 369 shares of Diageo plc stock in a transaction dated Monday, October 10th. The stock was purchased at an average cost of GBX 2,242 ($28.01) per share, with a total value of £8,272.98 ($10,336.06). Also, insider Javier Ferran acquired 13,000 shares of Diageo plc stock in a transaction dated Tuesday, November 15th. The stock was purchased at an average cost of GBX 1,975 ($24.68) per share, with a total value of £256,750 ($320,777.11).
About Diageo plc