Shares of Diageo plc (LON:DGE) have received a consensus recommendation of “Hold” from the fifteen analysts that are presently covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 3,989.33 ($53.76).
DGE has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft raised their price target on Diageo from GBX 4,300 ($57.94) to GBX 4,470 ($60.23) and gave the stock a “buy” rating in a research note on Tuesday, November 16th. JPMorgan Chase & Co. set a GBX 4,350 ($58.62) price target on Diageo in a research note on Tuesday, December 14th. Jefferies Financial Group set a GBX 4,800 ($64.68) price target on Diageo in a research note on Wednesday, November 17th. Royal Bank of Canada set a GBX 3,100 ($41.77) target price on Diageo in a research note on Thursday, December 9th. Finally, Berenberg Bank lifted their target price on Diageo from GBX 3,700 ($49.86) to GBX 3,900 ($52.55) and gave the company a “hold” rating in a research note on Tuesday, November 16th.
LON:DGE opened at GBX 4,084 ($55.03) on Wednesday. The stock’s 50 day moving average price is GBX 3,878.13 and its 200 day moving average price is GBX 3,640.87. The company has a market capitalization of £95.02 billion and a PE ratio of 36.01. The company has a quick ratio of 0.73, a current ratio of 1.60 and a debt-to-equity ratio of 180.10. Diageo has a 52-week low of GBX 2,805.28 ($37.80) and a 52-week high of GBX 4,364.10 ($58.81).
In related news, insider Javier Ferrán purchased 219 shares of the company’s stock in a transaction on Wednesday, November 10th. The stock was bought at an average price of GBX 3,770 ($50.80) per share, with a total value of £8,256.30 ($11,125.59). Over the last ninety days, insiders have purchased 663 shares of company stock valued at $2,481,438.
About Diageo
Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages. The company offers scotch, whisky, gin, vodka, rum, ready to drink products, Irish cream liqueur, raki, liqueur, wine, tequila, Canadian whisky, American whiskey, adult beverages, cachaça, spirits, and brandy, as well as beer, including cider and non-alcoholic products.