Shares of Diageo plc (LON:DGE) traded down 0% during trading on Tuesday . The company traded as low as GBX 2,658.50 ($36.05) and last traded at GBX 2,660 ($36.07). 3,705,077 shares changed hands during mid-day trading, an increase of 3% from the average session volume of 3,580,000 shares. The stock had previously closed at GBX 2,660 ($36.07).

A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 2,800 ($37.97) price target on shares of Diageo in a report on Wednesday, September 20th. Shore Capital restated a “buy” rating on shares of Diageo in a report on Wednesday, September 20th. Liberum Capital restated a “sell” rating and set a GBX 2,000 ($27.12) price target on shares of Diageo in a report on Wednesday, September 20th. Berenberg Bank lowered shares of Diageo to a “hold” rating and set a GBX 2,550 ($34.58) price target on the stock. in a report on Wednesday, September 13th. Finally, Sanford C. Bernstein set a GBX 3,000 ($40.68) price target on shares of Diageo and gave the company a “buy” rating in a report on Monday, October 16th. One equities 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 stock has a consensus rating of “Buy” and an average target price of GBX 2,596.95 ($35.22).

The company has a market cap of $65,860.00 and a P/E ratio of 2,455.09.

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About Diageo

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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