Liberum Capital Reaffirms “Sell” Rating for Diageo (DGE)
Liberum Capital reissued their sell rating on shares of Diageo (LON:DGE) in a research report released on Friday morning. The brokerage currently has a GBX 2,000 ($26.92) price objective on the stock.
A number of other research firms also recently weighed in on DGE. Credit Suisse Group reaffirmed an outperform rating and set a GBX 2,840 ($38.22) price target on shares of Diageo in a research note on Wednesday, December 6th. J P Morgan Chase & Co reaffirmed a buy rating on shares of Diageo in a research note on Tuesday, August 15th. Royal Bank Of Canada reaffirmed an outperform rating and set a GBX 2,600 ($34.99) price target on shares of Diageo in a research note on Thursday, August 10th. Jefferies Group cut their target price on shares of Diageo from GBX 3,000 ($40.38) to GBX 2,900 ($39.03) and set a buy rating on the stock in a research note on Thursday, September 28th. Finally, Shore Capital reissued a buy rating on shares of Diageo in a research note on Wednesday, September 20th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. Diageo currently has a consensus rating of Buy and an average target price of GBX 2,587.86 ($34.83).
Diageo (LON DGE) opened at GBX 2,631.50 ($35.42) on Friday. Diageo has a one year low of GBX 2,023 ($27.23) and a one year high of GBX 2,677.50 ($36.04).
Diageo Company Profile
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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