Diageo (DGE) Given a GBX 3,150 Price Target by Goldman Sachs Group Analysts
Diageo (LON:DGE) has been given a GBX 3,150 ($41.16) price target by stock analysts at Goldman Sachs Group in a report released on Monday. The firm presently has a “buy” rating on the stock. Goldman Sachs Group’s price objective points to a potential upside of 15.49% from the company’s current price.
A number of other brokerages have also recently commented on DGE. Royal Bank of Canada set a GBX 2,300 ($30.05) price target on shares of Diageo and gave the company a “neutral” rating in a research note on Friday, August 10th. Citigroup reiterated a “buy” rating on shares of Diageo in a research note on Wednesday, September 19th. Credit Suisse Group reiterated an “outperform” rating on shares of Diageo in a research note on Thursday, August 23rd. Cfra set a GBX 3,250 ($42.47) price target on shares of Diageo and gave the company a “buy” rating in a research note on Friday, July 27th. Finally, Liberum Capital reiterated a “sell” rating on shares of Diageo in a research note on Wednesday, October 3rd. One research analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of GBX 2,857.37 ($37.34).
Shares of DGE stock opened at GBX 2,727.50 ($35.64) on Monday. Diageo has a one year low of GBX 2,186.50 ($28.57) and a one year high of GBX 2,735.50 ($35.74).
Diageo Company Profile
Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages worldwide. The company offers a collection of brands across spirits, beer, cider, and wine categories. Its brands include Johnnie Walker, Crown Royal, J&B, Buchanan's and Windsor whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Bundaberg, McDowell's No.
Featured Story: Retained Earnings
Receive News & Ratings for Diageo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diageo and related companies with MarketBeat.com's FREE daily email newsletter.