Diageo plc (LON:DGE)‘s stock had its “buy” rating reaffirmed by investment analysts at Beaufort Securities in a note issued to investors on Thursday.

Several other research firms also recently weighed in on DGE. S&P Global Inc. set a GBX 2,400 ($31.33) price target on shares of Diageo plc and gave the company a “buy” rating in a research note on Thursday, July 28th. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 2,150 ($28.06) price target on shares of Diageo plc in a research note on Friday, July 29th. Goldman Sachs Group Inc. set a GBX 2,150 ($28.06) price target on shares of Diageo plc and gave the company a “neutral” rating in a research note on Friday, July 29th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 2,240 ($29.24) price target on shares of Diageo plc in a research note on Friday, July 29th. Finally, Deutsche Bank AG lifted their price target on shares of Diageo plc from GBX 1,900 ($24.80) to GBX 2,000 ($26.11) and gave the company a “hold” rating in a research note on Friday, July 29th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of GBX 2,157.38 ($28.16).

Analyst Recommendations for Diageo plc (LON:DGE)

Shares of Diageo plc (LON:DGE) opened at 2186.50 on Thursday. Diageo plc has a one year low of GBX 1,705.00 and a one year high of GBX 2,218.00. The company’s market capitalization is GBX 54.89 billion. The stock has a 50 day moving average of GBX 2,142.74 and a 200-day moving average of GBX 1,983.63.

The firm also recently declared a dividend, which will be paid on Thursday, October 6th. Stockholders of record on Thursday, August 11th will be given a GBX 36.60 ($0.48) dividend. The ex-dividend date is Thursday, August 11th. This represents a dividend yield of 1.67%. This is a positive change from Diageo plc’s previous dividend of $22.60.

About Diageo plc

Diageo plc (Diageo) is a drinks business company. The Company is a provider of beverage alcohol of various brands in spirits, beer and wine. The Company produces its brands from more than 200 sites in over 30 countries. Diageo owns manufacturing production facilities across the globe, including maltings, distilleries, breweries, packaging plants, maturation warehouses, cooperages, vineyards, wineries and distribution warehouses.

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