Diageo (DGE) Earns Overweight Rating from J P Morgan Chase & Co
J P Morgan Chase & Co restated their overweight rating on shares of Diageo (LON:DGE) in a report published on Monday morning, StockTargetPrices.com reports. They currently have a GBX 2,900 ($39.03) price target on the stock.
Several other equities analysts have also commented on the company. Credit Suisse Group set a GBX 2,840 ($38.22) target price on Diageo and gave the company a buy rating in a research note on Thursday, December 14th. Goldman Sachs Group set a GBX 2,460 ($33.11) target price on Diageo and gave the company a neutral rating in a research note on Monday, December 11th. Liberum Capital reiterated a sell rating and issued a GBX 2,000 ($26.92) target price on shares of Diageo in a research note on Friday, December 8th. UBS set a GBX 2,880 ($38.76) target price on Diageo and gave the company a buy rating in a research note on Wednesday, November 29th. Finally, Jefferies Group reiterated a buy rating and issued a GBX 2,900 ($39.03) target price on shares of Diageo in a research note on Wednesday, November 29th. One analyst has rated the stock with a sell rating, eight have given a hold rating and fourteen have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus target price of GBX 2,587.86 ($34.83).
Diageo (LON:DGE) opened at GBX 2,656 ($35.75) on Monday. Diageo has a 12 month low of GBX 2,064 ($27.78) and a 12 month high of GBX 2,679.50 ($36.06).
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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