Diageo plc (DGE) Stock Rating Reaffirmed by Jefferies Group LLC

Diageo plc (LON:DGE)‘s stock had its “buy” rating reissued by stock analysts at Jefferies Group LLC in a research report issued to clients and investors on Wednesday, November 1st. They presently have a GBX 2,900 ($38.14) price target on the stock. Jefferies Group LLC’s price objective points to a potential upside of 12.27% from the stock’s current price.

DGE has been the topic of a number of other research reports. Kepler Capital Markets restated a “hold” rating and issued a GBX 2,400 ($31.57) target price on shares of Diageo plc in a report on Thursday, July 27th. Sanford C. Bernstein set a GBX 3,000 ($39.46) target price on Diageo plc and gave the company a “buy” rating in a research note on Monday, October 16th. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 2,600 ($34.20) price target on shares of Diageo plc in a research report on Thursday, August 10th. Whitman Howard boosted their target price on Diageo plc from GBX 2,250 ($29.59) to GBX 2,700 ($35.51) and gave the stock a “hold” rating in a research report on Wednesday, November 1st. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 2,550 ($33.54) price objective on shares of Diageo plc in a report on Friday, July 28th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and fourteen have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of GBX 2,586.05 ($34.01).

Shares of Diageo plc (LON DGE) traded up GBX 13.29 ($0.17) during midday trading on Wednesday, hitting GBX 2,572.79 ($33.84). The company’s stock had a trading volume of 3,470,000 shares, compared to its average volume of 3,540,000. Diageo plc has a 12 month low of GBX 1,946 ($25.60) and a 12 month high of GBX 2,616.50 ($34.41).

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About Diageo plc

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.

Analyst Recommendations for Diageo plc (LON:DGE)

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