Diageo plc (LON:DGE) has earned a consensus rating of “Hold” from the twenty-three analysts that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and eleven have issued a buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is GBX 2,640.82 ($36.49).
A number of equities research analysts recently commented on the stock. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 2,900 ($40.07) price target on shares of Diageo in a report on Monday, November 13th. Liberum Capital reaffirmed a “sell” rating and set a GBX 2,000 ($27.63) price objective on shares of Diageo in a research note on Monday, November 20th. Jefferies Group reiterated a “buy” rating and set a GBX 2,900 ($40.07) price target on shares of Diageo in a report on Tuesday, November 21st. UBS Group set a GBX 2,880 ($39.79) price target on shares of Diageo and gave the stock a “buy” rating in a research note on Wednesday, November 29th. Finally, Credit Suisse Group reiterated an “outperform” rating and issued a GBX 2,840 ($39.24) price target on shares of Diageo in a report on Wednesday, December 6th.
In other news, insider Javier Ferrán bought 30,000 shares of the business’s stock in a transaction that occurred on Friday, January 26th. The stock was purchased at an average price of GBX 2,541 ($35.11) per share, with a total value of £762,300 ($1,053,191.49). Insiders purchased a total of 30,025 shares of company stock valued at $76,294,525 in the last three months.
Diageo (LON:DGE) last issued its quarterly earnings data on Thursday, January 25th. The company reported GBX 67.80 ($0.94) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 65.70 ($0.91) by GBX 2.10 ($0.03). The firm had revenue of GBX 653 billion during the quarter. Diageo had a return on equity of 33.47% and a net margin of 27.06%.
The company also recently announced a dividend, which will be paid on Friday, April 6th. Investors of record on Thursday, February 22nd will be paid a GBX 24.90 ($0.34) dividend. This represents a yield of 0.99%. The ex-dividend date is Thursday, February 22nd.
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Diageo PLC is an alcoholic beverage company. The Company operates in various categories, including spirits and beer. Its geographic segments include North America; Europe, Russia and Turkey; Africa; Latin America and Caribbean, and Asia Pacific. Its principal products includes Scotch whisky, Gin, Vodka, Rum, Beer, Irish Cream Liqueur, Wine, Raki, Tequila, Canadian Whisky, American Whiskey, Progressive Adult Beverages, Cachaca, Brandy and Ready to Drink.
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