Diageo (DGE) Earns “Outperform” Rating from Credit Suisse Group

Credit Suisse Group reissued their outperform rating on shares of Diageo (LON:DGE) in a report published on Wednesday. The firm currently has a GBX 2,840 ($38.22) price target on the stock.

Several other research firms have also weighed in on DGE. Jefferies Group restated a buy rating and set a GBX 2,900 ($39.03) price target on shares of Diageo in a research report on Wednesday, November 29th. UBS set a GBX 2,880 ($38.76) price target on shares of Diageo and gave the company a buy rating in a research report on Wednesday, November 29th. J P Morgan Chase & Co restated an overweight rating and set a GBX 2,900 ($39.03) price target on shares of Diageo in a research report on Friday, November 24th. Liberum Capital restated a sell rating and set a GBX 2,000 ($26.92) price target on shares of Diageo in a research report on Tuesday, November 28th. Finally, Berenberg Bank lowered shares of Diageo to a hold rating and set a GBX 2,550 ($34.32) price target for the company. in a research report on Wednesday, September 13th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and fourteen have issued a buy rating to the stock. The company currently has a consensus rating of Buy and an average target price of GBX 2,586.05 ($34.81).

Diageo (LON:DGE) opened at GBX 2,635.50 ($35.47) on Wednesday. Diageo has a 1 year low of GBX 2,000 ($26.92) and a 1 year high of GBX 2,677.50 ($36.04).

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Diageo 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 (LON:DGE)

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