Societe Generale reiterated their hold rating on shares of Diageo plc (LON:DGE) in a research report report published on Wednesday. The firm currently has a GBX 2,308 ($30.13) target price on the stock.
A number of other equities analysts also recently commented on DGE. JPMorgan Chase & Co. restated an overweight rating and issued a GBX 2,140 ($27.93) target price on shares of Diageo plc in a research note on Friday, June 3rd. Beaufort Securities restated a buy rating on shares of Diageo plc in a research note on Friday, July 29th. Barclays PLC reiterated an equal weight rating and set a GBX 2,150 ($28.06) price objective on shares of Diageo plc in a research report on Wednesday, September 21st. BNP Paribas reiterated an outperform rating and set a GBX 2,300 ($30.02) price objective on shares of Diageo plc in a research report on Thursday, September 15th. Finally, Morgan Stanley set a GBX 2,200 ($28.72) price objective on Diageo plc and gave the stock a buy rating in a research report on Monday, June 6th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and thirteen have assigned a buy rating to the company’s stock. Diageo plc presently has a consensus rating of Hold and a consensus target price of GBX 2,157.38 ($28.16).
Shares of Diageo plc (LON:DGE) opened at 2211.00 on Wednesday. The firm’s market cap is GBX 55.50 billion. The firm’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 one year low of GBX 1,708.00 and a one year high of GBX 2,225.00.
The company also recently announced a dividend, which will be paid on Thursday, October 6th. Shareholders of record on Thursday, August 11th will be given a dividend of GBX 36.60 ($0.48) per share. This is a positive change from Diageo plc’s previous dividend of $22.60. The ex-dividend date of this dividend is Thursday, August 11th. This represents a yield of 1.67%.
Diageo plc Company Profile
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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