Several other research firms also recently weighed in on DGE. S&P Global Inc. set a GBX 2,400 ($31.33) price target on Diageo plc and gave the stock a buy rating in a research note on Thursday, July 28th. Barclays PLC restated an equal weight rating and issued a GBX 2,150 ($28.06) price target on shares of Diageo plc in a research note on Friday, July 29th. Goldman Sachs Group Inc. set a GBX 2,150 ($28.06) price target on Diageo plc and gave the stock a neutral rating in a research note on Friday, July 29th. JPMorgan Chase & Co. restated an overweight rating and issued a GBX 2,240 ($29.24) price target on shares of Diageo plc in a research note on Friday, July 29th. Finally, Deutsche Bank AG increased their target price on Diageo plc from GBX 1,900 ($24.80) to GBX 2,000 ($26.11) and gave the company a hold rating in a research note on Friday, July 29th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of GBX 2,157.38 ($28.16).
Shares of Diageo plc (LON:DGE) opened at 2211.00 on Wednesday. The company’s market capitalization is GBX 55.50 billion. The company’s 50 day moving average price is GBX 2,147.53 and its 200-day moving average price is GBX 1,992.11. Diageo plc has a 1-year low of GBX 1,708.00 and a 1-year high of GBX 2,225.00.
The business also recently declared a dividend, which will be paid on Thursday, October 6th. Investors of record on Thursday, August 11th will be given a GBX 36.60 ($0.48) dividend. The ex-dividend date is Thursday, August 11th. This represents a yield of 1.67%. This is a positive change from Diageo plc’s previous dividend of $22.60.
About Diageo plc
Diageo plc (Diageo) is a drinks business company. The Company is a provider of beverage alcohol of various brands in spirits, beer and wine. The Company produces its brands from more than 200 sites in over 30 countries. Diageo owns manufacturing production facilities across the globe, including maltings, distilleries, breweries, packaging plants, maturation warehouses, cooperages, vineyards, wineries and distribution warehouses.
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