Diageo plc (LON:DGE)‘s stock had its “equal weight” rating restated by equities research analysts at Barclays PLC in a note issued to investors on Wednesday. They presently have a GBX 2,150 ($28.06) target price on the stock. Barclays PLC’s target price points to a potential downside of 1.42% from the stock’s current price.
A number of other equities analysts have also weighed in on DGE. Societe Generale reiterated a “sell” rating on shares of Diageo plc in a research report on Wednesday, June 1st. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 2,140 ($27.93) target price on shares of Diageo plc in a research report on Friday, June 3rd. Morgan Stanley set a GBX 2,200 ($28.72) target price on shares of Diageo plc and gave the stock a “buy” rating in a research report on Monday, June 6th. Shore Capital restated a “buy” rating on shares of Diageo plc in a research report on Thursday, June 9th. Finally, Credit Suisse Group AG restated an “outperform” rating and set a GBX 2,130 ($27.80) target price on shares of Diageo plc in a research report on Friday, June 17th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and fourteen have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of GBX 2,156.38 ($28.15).
Shares of Diageo plc (LON:DGE) opened at 2180.08 on Wednesday. The stock’s market cap is GBX 54.73 billion. Diageo plc has a one year low of GBX 1,705.00 and a one year high of GBX 2,218.00. The company has a 50 day moving average of GBX 2,142.20 and a 200-day moving average of GBX 1,982.63.
The company also recently announced a dividend, which will be paid on Thursday, October 6th. Stockholders of record on Thursday, August 11th will be issued a dividend of GBX 36.60 ($0.48) per share. The ex-dividend date of this dividend is Thursday, August 11th. This represents a dividend yield of 1.67%. This is a boost from Diageo plc’s previous dividend of $22.60.
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.
Receive News & Ratings for Diageo plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diageo plc and related companies with our FREE daily email newsletter.
