Barclays Reiterates “Overweight” Rating for Diageo (LON:DGE)
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.
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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