JPMorgan Chase & Co. restated their overweight rating on shares of Diageo (LON:DGE) in a report issued on Monday, December 18th, StockTargetPrices.com reports. They currently have a GBX 2,900 ($39.33) price objective on the stock.
DGE has been the topic of several other reports. Jefferies Group set a GBX 3,000 ($40.68) price target on shares of Diageo and gave the company a buy rating in a report on Friday, September 1st. UBS Group set a GBX 2,880 ($39.06) target price on shares of Diageo and gave the stock a buy rating in a research note on Wednesday, November 29th. Shore Capital restated a buy rating on shares of Diageo in a research note on Thursday, October 5th. Liberum Capital restated a sell rating and issued a GBX 2,000 ($27.12) target price on shares of Diageo in a research note on Friday, December 8th. Finally, Credit Suisse Group upped their target price on shares of Diageo from GBX 2,700 ($36.62) to GBX 2,840 ($38.51) and gave the stock an outperform rating in a research note on Tuesday, September 12th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and fourteen have issued a buy rating to the company’s stock. The stock has an average rating of Buy and an average target price of GBX 2,596.95 ($35.22).
Shares of Diageo (LON DGE) traded down GBX 19.50 ($0.26) during mid-day trading on Monday, reaching GBX 2,641 ($35.82). 3,740,000 shares of the company’s stock traded hands, compared to its average volume of 3,530,000. The stock has a market cap of $65,670.00 and a PE ratio of 2,445.37. Diageo has a 1-year low of GBX 2,128.50 ($28.86) and a 1-year high of GBX 2,735.50 ($37.10).
COPYRIGHT VIOLATION NOTICE: “Diageo (DGE) Earns Overweight Rating from JPMorgan Chase & Co.” was originally reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this piece on another website, it was illegally copied and republished in violation of international copyright & trademark laws. The original version of this piece can be accessed at https://www.dispatchtribunal.com/2018/01/13/j-p-morgan-chase-co-reiterates-overweight-rating-for-diageo-dge.html.
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.
Receive News & Ratings for Diageo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diageo and related companies with MarketBeat.com's FREE daily email newsletter.