Diageo (LON:DGE) Stock Rating Reaffirmed by JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their overweight rating on shares of Diageo (LON:DGE) in a research report sent to investors on Monday, December 18th, StockTargetPrices.com reports. JPMorgan Chase & Co. currently has a GBX 2,900 ($39.33) price objective on the stock.

A number of other equities analysts have also recently weighed in on the company. Jefferies Group reiterated a buy rating and set a GBX 3,000 ($40.68) price target on shares of Diageo in a report on Wednesday, September 20th. Shore Capital reiterated a buy rating on shares of Diageo in a report on Wednesday, September 20th. UBS Group set a GBX 2,880 ($39.06) price target on Diageo and gave the stock a buy rating in a report on Wednesday, August 30th. Finally, Sanford C. Bernstein set a GBX 3,000 ($40.68) target price on Diageo and gave the company a buy rating in a report on Monday, October 16th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average price target of GBX 2,596.95 ($35.22).

Shares of Diageo (DGE) traded down GBX 19.50 ($0.26) on Monday, hitting GBX 2,641 ($35.82). The company’s stock had a trading volume of 3,740,000 shares, compared to its average volume of 3,530,000. Diageo has a twelve month low of GBX 2,128.50 ($28.86) and a twelve month high of GBX 2,735.50 ($37.10). The firm has a market cap of $65,670.00 and a P/E ratio of 2,445.37.

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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.

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Analyst Recommendations for Diageo (LON:DGE)

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