Diageo plc (LON:DGE – Get Rating) has been assigned a consensus recommendation of “Hold” from the fifteen brokerages that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a hold rating. The average 12 month price target among brokerages that have issued a report on the stock in the last year is GBX 4,088 ($49.81).
A number of analysts have commented on DGE shares. Barclays set a GBX 5,010 ($61.04) price objective on shares of Diageo in a research note on Tuesday, December 13th. Sanford C. Bernstein set a GBX 3,950 ($48.12) price objective on Diageo in a report on Monday, December 19th. Deutsche Bank Aktiengesellschaft set a GBX 2,750 ($33.50) target price on shares of Diageo in a research note on Thursday. JPMorgan Chase & Co. set a GBX 4,500 ($54.82) target price on shares of Diageo in a research note on Wednesday, December 14th. Finally, The Goldman Sachs Group set a GBX 4,700 ($57.26) price target on shares of Diageo in a research report on Wednesday, January 4th.
Insider Buying and Selling at Diageo
In other Diageo news, insider Javier Ferrán purchased 229 shares of the stock in a transaction dated Tuesday, January 10th. The stock was bought at an average price of GBX 3,620 ($44.10) per share, for a total transaction of £8,289.80 ($10,099.66). In the last 90 days, insiders purchased 679 shares of company stock worth $2,485,340.
Diageo Stock Performance
Shares of DGE opened at GBX 3,679.50 ($44.83) on Friday. Diageo has a 52-week low of GBX 3,282.50 ($39.99) and a 52-week high of GBX 4,067 ($49.55). The company has a quick ratio of 0.62, a current ratio of 1.53 and a debt-to-equity ratio of 176.36. The firm has a market capitalization of £83.49 billion and a PE ratio of 2,628.21. The firm has a 50-day moving average price of GBX 3,697.01 and a 200 day moving average price of GBX 3,719.04.
Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages. The company offers scotch, whisky, gin, vodka, rum, ready to drink products, raki, liqueur, wine, tequila, Canadian whisky, American whiskey, cachaca, and brandy, as well as beer, including cider and non-alcoholic products.
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