Diageo (LON:DGE – Free Report) had its price target hoisted by Barclays from GBX 3,550 ($44.59) to GBX 3,640 ($45.72) in a research report released on Wednesday, Marketbeat Ratings reports. Barclays currently has an overweight rating on the stock.
A number of other analysts also recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reiterated a sell rating on shares of Diageo in a report on Tuesday, April 30th. JPMorgan Chase & Co. reiterated a neutral rating on shares of Diageo in a report on Monday, February 26th. Finally, Jefferies Financial Group reissued a hold rating and issued a GBX 2,900 ($36.43) target price on shares of Diageo in a research note on Thursday, April 18th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of Hold and an average price target of GBX 3,058 ($38.41).
Check Out Our Latest Research Report on DGE
Diageo Price Performance
Insider Activity at Diageo
In related news, insider Javier Ferrán acquired 290 shares of Diageo stock in a transaction on Monday, March 11th. The stock was purchased at an average cost of GBX 2,853 ($35.84) per share, with a total value of £8,273.70 ($10,392.79). In related news, insider Javier Ferrán acquired 290 shares of Diageo stock in a transaction on Monday, March 11th. The stock was purchased at an average cost of GBX 2,853 ($35.84) per share, with a total value of £8,273.70 ($10,392.79). Also, insider Karen Blackett acquired 702 shares of Diageo stock in a transaction on Monday, April 8th. The shares were bought at an average cost of GBX 2,826 ($35.50) per share, with a total value of £19,838.52 ($24,919.63). Over the last three months, insiders bought 1,002 shares of company stock valued at $2,839,892. 0.13% of the stock is owned by corporate insiders.
About Diageo
Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products.
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