Diageo plc (DGE) Rating Reiterated by Jefferies Group LLC
Diageo plc (LON:DGE)‘s stock had its “buy” rating reaffirmed by equities research analysts at Jefferies Group LLC in a research report issued to clients and investors on Tuesday. They currently have a GBX 2,900 ($38.14) target price on the stock. Jefferies Group LLC’s target price would suggest a potential upside of 12.01% from the company’s current price.
Other analysts have also issued reports about the stock. Kepler Capital Markets reaffirmed a “hold” rating and set a GBX 2,400 ($31.57) price target on shares of Diageo plc in a research report on Thursday, July 27th. Credit Suisse Group upped their price target on shares of Diageo plc from GBX 2,550 ($33.54) to GBX 2,700 ($35.51) and gave the stock an “outperform” rating in a research report on Friday, July 28th. J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 2,800 ($36.83) price target on shares of Diageo plc in a research report on Wednesday, September 20th. Liberum Capital reaffirmed a “sell” rating and set a GBX 2,000 ($26.31) price target on shares of Diageo plc in a research report on Monday. Finally, Citigroup Inc. reaffirmed a “neutral” rating and set a GBX 2,500 ($32.88) price target on shares of Diageo plc in a research report on Tuesday, July 25th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and fourteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 2,586.05 ($34.01).
Shares of Diageo plc (LON DGE) opened at GBX 2,589 ($34.05) on Tuesday. Diageo plc has a 1 year low of GBX 1,946 ($25.60) and a 1 year high of GBX 2,616.50 ($34.41).
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About Diageo plc
Diageo PLC is an alcoholic beverage company. The Company operates in various categories, including spirits and beer. Its geographic segments include North America; Europe, Russia and Turkey; Africa; Latin America and Caribbean, and Asia Pacific. Its principal products includes Scotch whisky, Gin, Vodka, Rum, Beer, Irish Cream Liqueur, Wine, Raki, Tequila, Canadian Whisky, American Whiskey, Progressive Adult Beverages, Cachaca, Brandy and Ready to Drink.
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