Diageo plc (DGE) Rating Reiterated by Barclays PLC
Several other equities analysts also recently weighed in on the company. Shore Capital reissued a buy rating on shares of Diageo plc in a research report on Thursday, July 28th. JPMorgan Chase & Co. reissued an overweight rating and set a GBX 2,240 ($29.24) price target on shares of Diageo plc in a research report on Tuesday, July 5th. Morgan Stanley reissued an overweight rating and set a GBX 2,200 ($28.72) price target on shares of Diageo plc in a research report on Friday, July 15th. Berenberg Bank reissued a buy rating and set a GBX 2,350 ($30.67) price target on shares of Diageo plc in a research report on Monday, July 4th. Finally, BNP Paribas reissued an outperform rating and set a GBX 2,250 ($29.37) price target on shares of Diageo plc in a research report on Monday, July 18th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and fourteen have issued a buy rating to the stock. The stock has a consensus rating of Hold and an average target price of GBX 2,156.38 ($28.15).
Shares of Diageo plc (LON:DGE) opened at 2158.50 on Wednesday. The firm has a 50-day moving average price of GBX 2,141.12 and a 200-day moving average price of GBX 1,980.32. Diageo plc has a 52-week low of GBX 1,705.00 and a 52-week high of GBX 2,218.00. The firm’s market cap is GBX 54.19 billion.
The firm also recently announced a dividend, which will be paid on Thursday, October 6th. Shareholders of record on Thursday, August 11th will be given a dividend of GBX 36.60 ($0.48) per share. This represents a yield of 1.67%. This is an increase from Diageo plc’s previous dividend of $22.60. The ex-dividend date is Thursday, August 11th.
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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