Diageo plc (DGE) PT Raised to GBX 2,700 at Whitman Howard

Diageo plc (LON:DGE) had its price target boosted by equities researchers at Whitman Howard from GBX 2,250 ($29.59) to GBX 2,700 ($35.51) in a research note issued to investors on Wednesday, November 1st. The brokerage currently has a “hold” rating on the stock. Whitman Howard’s target price suggests a potential upside of 5.01% from the company’s current price.

DGE has been the subject of several other research reports. Kepler Capital Markets reissued a “hold” rating and issued a GBX 2,400 ($31.57) price objective 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 stock a “buy” rating in a research note on Monday, October 16th. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 2,600 ($34.20) target price on shares of Diageo plc in a research note on Thursday, August 10th. Jefferies Group LLC cut their target price on Diageo plc from GBX 3,000 ($39.46) to GBX 2,900 ($38.14) and set a “buy” rating for the company in a research note on Thursday, September 28th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 2,550 ($33.54) target price on shares of Diageo plc in a research note on Friday, July 28th. One analyst has rated the stock with a sell rating, eight have given a hold rating and fourteen have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of GBX 2,586.05 ($34.01).

Shares of Diageo plc (LON DGE) opened at GBX 2,571.25 ($33.82) on Wednesday. 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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Diageo plc Company Profile

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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