Goldman Sachs Group Reiterates GBX 2,460 Price Target for Diageo (DGE)

Goldman Sachs Group set a GBX 2,460 ($33.11) target price on Diageo (LON:DGE) in a report issued on Monday morning. The brokerage currently has a neutral rating on the stock.

Several other research analysts have also recently commented on the company. Jefferies Group set a GBX 3,000 ($40.38) price target on Diageo and gave the company a buy rating in a research report on Friday, September 1st. J P Morgan Chase & Co reissued a buy rating on shares of Diageo in a research report on Thursday, August 31st. Liberum Capital reissued a sell rating and set a GBX 2,000 ($26.92) price target on shares of Diageo in a research report on Monday, November 20th. Sanford C. Bernstein set a GBX 3,000 ($40.38) price objective on Diageo and gave the company a buy rating in a research note on Monday, October 16th. Finally, UBS set a GBX 2,880 ($38.76) price objective on Diageo and gave the company a buy rating in a research note on Tuesday, October 24th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and fourteen have issued a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of GBX 2,587.86 ($34.83).

Diageo (LON DGE) opened at GBX 2,640 ($35.53) on Monday. Diageo has a 52-week low of GBX 2,023 ($27.23) and a 52-week high of GBX 2,677.50 ($36.04).

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About Diageo

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.

Analyst Recommendations for Diageo (LON:DGE)

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