Liberum Capital Reiterates Sell Rating for Diageo (DGE)
Liberum Capital reissued their sell rating on shares of Diageo (LON:DGE) in a research report report published on Monday morning. Liberum Capital currently has a GBX 2,000 ($27.12) target price on the stock.
DGE has been the topic of a number of other research reports. JPMorgan Chase & Co. reaffirmed an overweight rating and issued a GBX 2,900 ($39.33) target price on shares of Diageo in a report on Friday, November 24th. Goldman Sachs Group set a GBX 2,460 ($33.36) target price on Diageo and gave the company a neutral rating in a report on Monday, December 11th. 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. Jefferies Group reduced their target price on Diageo from GBX 3,000 ($40.68) to GBX 2,900 ($39.33) and set a buy rating on the stock in a report on Thursday, September 28th. Finally, Whitman Howard raised their target price on Diageo from GBX 2,250 ($30.51) to GBX 2,700 ($36.62) and gave the company a hold rating in a report on Wednesday, November 1st. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and fourteen have assigned a buy rating to the stock. The company has an average rating of Buy and a consensus price target of GBX 2,623.09 ($35.57).
Shares of Diageo (LON:DGE) opened at GBX 2,616 ($35.48) on Monday. The firm has a market capitalization of $64,980.00 and a price-to-earnings ratio of 2,422.22. Diageo has a twelve month low of GBX 2,138 ($28.99) and a twelve month high of GBX 2,735.50 ($37.10).
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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