Diageo’s (DGE) Neutral Rating Reaffirmed at JPMorgan Chase & Co.
A number of other research firms have also issued reports on DGE. UBS Group set a GBX 3,300 ($43.12) price target on shares of Diageo and gave the stock a “buy” rating in a research report on Monday, April 8th. Sanford C. Bernstein set a GBX 2,500 ($32.67) price target on shares of Diageo and gave the stock a “sell” rating in a research report on Thursday, January 31st. Jefferies Financial Group increased their price target on shares of Diageo from GBX 3,200 ($41.81) to GBX 3,300 ($43.12) and gave the stock a “buy” rating in a research report on Tuesday, April 9th. Citigroup reissued a “buy” rating on shares of Diageo in a research report on Friday, April 12th. Finally, Berenberg Bank increased their price target on shares of Diageo from GBX 2,550 ($33.32) to GBX 2,670 ($34.89) and gave the stock a “hold” rating in a research report on Tuesday, January 15th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and ten have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of GBX 3,122.65 ($40.80).
DGE stock opened at GBX 3,325.50 ($43.45) on Tuesday. The company has a quick ratio of 0.72, a current ratio of 1.48 and a debt-to-equity ratio of 109.30. Diageo has a one year low of GBX 2,513 ($32.84) and a one year high of GBX 3,266.50 ($42.68). The stock has a market cap of $79.00 billion and a price-to-earnings ratio of 27.88.
Diageo Company Profile
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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