Diageo’s (DGE) Buy Rating Reiterated at UBS Group

UBS Group reaffirmed their buy rating on shares of Diageo (LON:DGE) in a report issued on Friday, ThisIsMoney.Co.Uk reports.

Other equities analysts have also issued research reports about the company. Jefferies Financial Group reaffirmed a buy rating and issued a GBX 1,453 ($18.99) price target on shares of in a research report on Tuesday, June 18th. Berenberg Bank reaffirmed a buy rating and issued a GBX 250 ($3.27) price target on shares of in a research report on Tuesday, June 18th. JPMorgan Chase & Co. set a GBX 3,200 ($41.81) price objective on Diageo and gave the stock a neutral rating in a report on Wednesday, July 10th. Credit Suisse Group reiterated an outperform rating and issued a GBX 2,012 ($26.29) price objective on shares of Aston Martin Lagonda Global in a report on Wednesday, May 1st. Finally, Citigroup lifted their price objective on Cyberark Software from $111.00 to $130.00 and gave the stock an outperform rating in a report on Wednesday, May 15th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of GBX 3,243.82 ($42.39).

DGE opened at GBX 3,387 ($44.26) on Friday. The stock has a 50-day moving average of GBX 3,399.44. The company has a current ratio of 1.48, a quick ratio of 0.72 and a debt-to-equity ratio of 109.30. The stock has a market cap of $80.34 billion and a price-to-earnings ratio of 28.39. Diageo has a 1 year low of GBX 2,513 ($32.84) and a 1 year high of GBX 3,500.50 ($45.74).

About Diageo

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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