Today, Diageo plc (DGE) Price Target Cut to GBX 2,140

Today, Diageo plc (DGE) Price Target Cut to GBX 2,140

Diageo plc (LON:DGE) had its price target decreased by Berenberg Bank from GBX 2,400 ($29.77) to GBX 2,140 ($26.55) in a research note issued to investors on Friday. The firm currently has a “buy” rating on the stock. Berenberg Bank’s price target points to a potential upside of 6.11% from the company’s previous close.

Other equities research analysts have also recently issued reports about the stock. S&P Global Inc. set a GBX 2,400 ($29.77) price objective on shares of Diageo plc and gave the stock a “buy” rating in a research report on Thursday, July 28th. Shore Capital reaffirmed a “buy” rating on shares of Diageo plc in a research report on Thursday, July 28th. Beaufort Securities reaffirmed a “buy” rating on shares of Diageo plc in a research report on Friday, July 29th. JPMorgan Chase & Co. set a GBX 2,400 ($29.77) price target on shares of Diageo plc and gave the stock a “buy” rating in a research note on Monday, August 1st. Finally, Morgan Stanley set a GBX 2,400 ($29.77) price target on shares of Diageo plc and gave the stock a “buy” rating in a research note on Thursday, September 8th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and fifteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 2,197.67 ($27.26).

Shares of Diageo plc (LON:DGE) opened at 1998.72 on Friday. Diageo plc has a 1-year low of GBX 1,724.50 and a 1-year high of GBX 2,286.50. The stock’s 50 day moving average is GBX 2,103.92 and its 200 day moving average is GBX 2,066.76. The stock’s market capitalization is GBX 50.18 billion.

In other Diageo plc news, insider Javier Ferran purchased 13,000 shares of Diageo plc stock in a transaction on Tuesday, November 15th. The shares were bought at an average price of GBX 1,975 ($24.50) per share, with a total value of £256,750 ($318,508.87). Also, insider Franz B. Humer purchased 369 shares of Diageo plc stock in a transaction on Monday, October 10th. The stock was acquired at an average cost of GBX 2,242 ($27.81) per share, for a total transaction of £8,272.98 ($10,262.97).

Related posts

Leave a Comment