Diageo plc (DGE) Stock Rating Reaffirmed by Liberum Capital

Diageo plc (LON:DGE)‘s stock had its “sell” rating restated by stock analysts at Liberum Capital in a report released on Monday. They currently have a GBX 2,000 ($26.31) target price on the stock. Liberum Capital’s price target suggests a potential downside of 23.11% from the company’s previous close.

Several other equities analysts have also recently weighed in on DGE. Citigroup Inc. reaffirmed a “neutral” rating and issued a GBX 2,500 ($32.88) price objective on shares of Diageo plc in a report on Tuesday, July 25th. Kepler Capital Markets reaffirmed 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. Shore Capital reaffirmed a “buy” rating on shares of Diageo plc in a report on Thursday, July 27th. S&P Global set a GBX 2,700 ($35.51) price objective on Diageo plc and gave the company a “buy” rating in a report on Thursday, July 27th. Finally, UBS AG set a GBX 2,450 ($32.22) price objective on Diageo plc and gave the company a “buy” rating in a report on Thursday, July 27th. 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 presently has a consensus rating of “Buy” and a consensus price target of GBX 2,586.05 ($34.01).

Shares of Diageo plc (DGE) opened at GBX 2,601 ($34.21) on Monday. Diageo plc has a fifty-two week low of GBX 1,946 ($25.60) and a fifty-two week 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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