Deutsche Bank Reaffirms Hold Rating for Diageo (LON:DGE)
Deutsche Bank restated their hold rating on shares of Diageo (LON:DGE) in a report issued on Friday, ThisIsMoney.Co.Uk reports.
A number of other equities analysts have also recently issued reports on the company. Citigroup lifted their target price on Cyberark Software from $111.00 to $130.00 and gave the stock an outperform rating in a report on Wednesday, May 15th. Credit Suisse Group reaffirmed an outperform rating and set a GBX 2,012 ($26.29) target price on shares of Aston Martin Lagonda Global in a report on Wednesday, May 1st. Jefferies Financial Group reaffirmed a buy rating and set a GBX 1,453 ($18.99) target price on shares of in a report on Tuesday, June 18th. Kepler Capital Markets reaffirmed a hold rating on shares of HEIDELBERGCEMEN/ADR in a report on Tuesday, July 9th. Finally, Barclays reaffirmed an overweight rating and set a GBX 3,150 ($41.16) target price on shares of in a report on Wednesday, June 5th. Two analysts have rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the company. The stock presently has an average rating of Hold and an average price target of GBX 3,224.41 ($42.13).
LON DGE opened at GBX 3,391 ($44.31) on Friday. Diageo has a 1 year low of GBX 2,513 ($32.84) and a 1 year high of GBX 3,500.50 ($45.74). The firm has a fifty day moving average of GBX 3,391.36. The company has a market capitalization of $80.43 billion and a PE ratio of 28.42. The company has a debt-to-equity ratio of 109.30, a current ratio of 1.48 and a quick ratio of 0.72.
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.
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