Diageo plc (LON:DGE)‘s stock had its “equal weight” rating reaffirmed by equities research analysts at Barclays PLC in a note issued to investors on Tuesday. They presently have a GBX 2,150 ($26.86) price target on the stock. Barclays PLC’s target price would indicate a potential upside of 9.14% from the company’s previous close.

A number of other analysts have also recently commented on DGE. BNP Paribas restated an “outperform” rating and set a GBX 2,250 ($28.11) target price on shares of Diageo plc in a report on Monday, July 18th. Societe Generale upgraded shares of Diageo plc to a “hold” rating and upped their price target for the stock from GBX 1,990 ($24.86) to GBX 2,123 ($26.52) in a research note on Friday, July 22nd. Shore Capital reiterated a “buy” rating on shares of Diageo plc in a research note on Thursday, July 28th. S&P Global Inc. set a GBX 2,400 ($29.99) price target on shares of Diageo plc and gave the stock a “buy” rating in a research note on Thursday, July 28th. Finally, Deutsche Bank AG upped their price target on shares of Diageo plc from GBX 1,900 ($23.74) to GBX 2,000 ($24.99) and gave the stock a “hold” rating in a research note on Friday, July 29th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and fourteen have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of GBX 2,197.25 ($27.45).

Analyst Recommendations for Diageo plc (LON:DGE)

Diageo plc (LON:DGE) opened at 1990.00 on Tuesday. The company’s market cap is GBX 49.96 billion. Diageo plc has a 12 month low of GBX 1,724.50 and a 12 month high of GBX 2,286.50. The firm’s 50-day moving average is GBX 2,165.06 and its 200-day moving average is GBX 2,057.19.

In related news, insider Franz B. Humer purchased 369 shares of the firm’s stock in a transaction that occurred on Monday, October 10th. The shares were bought at an average price of GBX 2,242 ($28.01) per share, for a total transaction of £8,272.98 ($10,336.06). Also, insider Javier Ferran purchased 18,500 shares of the firm’s stock in a transaction that occurred on Thursday, September 29th. The shares were bought at an average price of GBX 2,221 ($27.75) per share, for a total transaction of £410,885 ($513,349.58).

About Diageo plc

Diageo plc (Diageo) is a drinks business company. The Company is a provider of beverage alcohol of various brands in spirits, beer and wine. The Company produces its brands from more than 200 sites in over 30 countries. Diageo owns manufacturing production facilities across the globe, including maltings, distilleries, breweries, packaging plants, maturation warehouses, cooperages, vineyards, wineries and distribution warehouses.

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