Diageo (LON:DGE) Given a GBX 4,500 Price Target at Jefferies Financial Group

Jefferies Financial Group set a GBX 4,500 ($53.21) price target on Diageo (LON:DGEGet Rating) in a research report report published on Monday, Borsen Zeitung reports.

Several other research analysts have also issued reports on DGE. The Goldman Sachs Group set a GBX 4,800 ($56.76) target price on Diageo in a research report on Friday, October 7th. Sanford C. Bernstein set a GBX 3,950 ($46.71) target price on Diageo in a research report on Wednesday, October 12th. JPMorgan Chase & Co. reaffirmed an overweight rating and set a GBX 4,350 ($51.44) target price on shares of Diageo in a research report on Monday, October 10th. Credit Suisse Group reiterated an outperform rating and set a GBX 4,550 ($53.80) price target on shares of Diageo in a research note on Wednesday, October 12th. Finally, Barclays set a GBX 5,430 ($64.21) price target on Diageo in a research note on Monday, October 24th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of Hold and an average price target of GBX 4,169.33 ($49.30).

Diageo Trading Down 0.2 %

Shares of LON:DGE opened at GBX 3,749 ($44.33) on Monday. The business’s 50-day moving average is GBX 3,687.36 and its 200 day moving average is GBX 3,700.38. Diageo has a 1 year low of GBX 3,282.50 ($38.81) and a 1 year high of GBX 4,110 ($48.60). The firm has a market capitalization of £85.38 billion and a P/E ratio of 2,677.86. The company has a debt-to-equity ratio of 176.36, a current ratio of 1.53 and a quick ratio of 0.62.

Insider Transactions at Diageo

In related news, insider Javier Ferrán bought 217 shares of the stock in a transaction dated Monday, September 12th. The shares were purchased at an average price of GBX 3,807 ($45.02) per share, for a total transaction of £8,261.19 ($9,768.46). Insiders have purchased 673 shares of company stock worth $2,479,347 over the last quarter.

Diageo Company Profile

(Get Rating)

Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages. The company offers scotch, whisky, gin, vodka, rum, ready to drink products, raki, liqueur, wine, tequila, Canadian whisky, American whiskey, cachaca, and brandy, as well as beer, including cider and non-alcoholic products.

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