Diageo (LON:DGE)‘s stock had its “hold” rating reiterated by stock analysts at Deutsche Bank in a research note issued to investors on Friday, ThisIsMoney.Co.Uk reports.
DGE has been the subject of a number of other research reports. Investec raised Standard Chartered from a “hold” rating to a “buy” rating in a research report on Monday, March 25th. Barclays reissued an “overweight” rating and issued a GBX 3,150 ($41.16) target price on shares of in a research report on Wednesday, June 5th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,453 ($18.99) target price on shares of in a research report on Tuesday, June 18th. Credit Suisse Group reissued an “outperform” rating and issued a GBX 2,012 ($26.29) target price on shares of Aston Martin Lagonda Global in a research report on Wednesday, May 1st. Finally, Sanford C. Bernstein set a €105.00 ($122.09) target price on Merck KGaA and gave the stock a “buy” rating in a research report on Monday, April 8th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 3,224.41 ($42.13).
Shares of LON:DGE opened at GBX 3,391 ($44.31) on Friday. Diageo has a fifty-two week low of GBX 2,513 ($32.84) and a fifty-two week high of GBX 3,500.50 ($45.74). The stock has a 50-day simple moving average of GBX 3,391.36. The company has a current ratio of 1.48, a quick ratio of 0.72 and a debt-to-equity ratio of 109.30. The stock has a market cap of $80.43 billion and a price-to-earnings ratio of 28.42.
Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages worldwide. The company offers a collection of brands across spirits, beer, cider, and wine categories. Its brands include Johnnie Walker, Crown Royal, J&B, Buchanan's and Windsor whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Bundaberg, McDowell's No.
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