Diageo (LON:DGE)‘s stock had its “overweight” rating reaffirmed by research analysts at Barclays in a research note issued on Monday, ThisIsMoney.Co.Uk reports.

A number of other equities analysts have also commented on the company. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a GBX 2,800 ($36.83) price target on shares of Diageo in a report on Monday, February 3rd. Jefferies Financial Group set a GBX 3,100 ($40.78) price target on Diageo and gave the stock a “neutral” rating in a report on Thursday, January 30th. Berenberg Bank cut their price target on Diageo from GBX 2,860 ($37.62) to GBX 2,720 ($35.78) and set a “hold” rating for the company in a report on Friday, January 31st. Sanford C. Bernstein cut their price target on Diageo from GBX 3,400 ($44.73) to GBX 3,370 ($44.33) and set a “market perform” rating for the company in a report on Friday, January 31st. Finally, Citigroup reaffirmed a “buy” rating on shares of Diageo in a report on Monday, February 3rd. Two analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 3,339.33 ($43.93).

Diageo stock opened at GBX 3,107.50 ($40.88) on Monday. Diageo has a one year low of GBX 2,887 ($37.98) and a one year high of GBX 3,633.50 ($47.80). The business has a fifty day moving average price of GBX 3,175.30 and a 200-day moving average price of GBX 3,229.80. The company has a debt-to-equity ratio of 151.22, a current ratio of 1.15 and a quick ratio of 0.52. The firm has a market capitalization of $72.62 billion and a P/E ratio of 24.32.

In other Diageo news, insider Javier Ferrán acquired 271 shares of the company’s stock in a transaction that occurred on Tuesday, December 10th. The stock was bought at an average price of GBX 3,051 ($40.13) per share, with a total value of £8,268.21 ($10,876.36). Insiders have purchased 534 shares of company stock valued at $1,680,500 in the last three months.

Diageo Company Profile

Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages worldwide. The company offers a collection of brands across spirits, beer, cider, and wine categories. Its brands include Johnnie Walker, Crown Royal, J&B, Buchanan's and Windsor whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Bundaberg, McDowell's No.

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Analyst Recommendations for Diageo (LON:DGE)

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