Liberum Capital Reaffirms “Sell” Rating for Diageo (DGE)
A number of other research firms also recently issued reports on DGE. Jefferies Group set a GBX 3,000 ($40.38) price objective on shares of Diageo and gave the stock a buy rating in a report on Friday, September 1st. UBS set a GBX 2,880 ($38.76) price objective on shares of Diageo and gave the stock a buy rating in a report on Wednesday, November 29th. J P Morgan Chase & Co restated a buy rating on shares of Diageo in a report on Tuesday, August 15th. Finally, Shore Capital restated a buy rating on shares of Diageo in a report on Thursday, October 5th. One equities 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 company. The stock presently has a consensus rating of Buy and an average target price of GBX 2,587.86 ($34.83).
Shares of Diageo (LON DGE) opened at GBX 2,640.50 ($35.54) on Friday. Diageo has a 1-year low of GBX 2,023 ($27.23) and a 1-year high of GBX 2,677.50 ($36.04).
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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