Stock analysts at Liberum Capital began coverage on shares of Diageo plc (LON:DGE) in a note issued to investors on Monday. The brokerage set a “hold” rating and a GBX 2,182 ($28.48) price target on the stock. Liberum Capital’s price objective would suggest a potential downside of 1.29% from the company’s current price.
A number of other brokerages have also commented on DGE. Beaufort Securities reissued a “buy” rating on shares of Diageo plc in a report on Thursday, September 22nd. Societe Generale reissued a “hold” rating and issued a GBX 2,308 ($30.13) price target on shares of Diageo plc in a report on Wednesday, September 21st. Jefferies Group reissued a “buy” rating and issued a GBX 2,500 ($32.63) price target on shares of Diageo plc in a report on Wednesday, September 21st. Barclays PLC reissued an “equal weight” rating and issued a GBX 2,150 ($28.06) price target on shares of Diageo plc in a report on Wednesday, September 21st. Finally, BNP Paribas reissued an “outperform” rating and issued a GBX 2,300 ($30.02) price target on shares of Diageo plc in a report on Thursday, September 15th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and thirteen have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 2,164.96 ($28.26).
Diageo plc (LON:DGE) opened at 2241.50 on Monday. Diageo plc has a 12-month low of GBX 1,724.50 and a 12-month high of GBX 2,243.00. The firm’s market cap is GBX 56.27 billion. The company has a 50-day moving average of GBX 2,152.38 and a 200 day moving average of GBX 2,000.19.
The business also recently declared a dividend, which will be paid on Thursday, October 6th. Stockholders of record on Thursday, August 11th will be paid a GBX 36.60 ($0.48) dividend. The ex-dividend date of this dividend is Thursday, August 11th. This is a positive change from Diageo plc’s previous dividend of $22.60. This represents a dividend 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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