S&P Global Inc. set a GBX 2,550 ($31.82) price target on Diageo plc (LON:DGE) in a research report released on Thursday. The firm currently has a buy rating on the stock.
Other equities analysts also recently issued research reports about the stock. Jefferies Group LLC decreased their price objective on shares of Diageo plc from GBX 2,600 ($32.45) to GBX 2,300 ($28.70) and set a buy rating for the company in a research note on Monday, November 21st. HSBC Holdings plc set a GBX 2,600 ($32.45) price objective on shares of Diageo plc and gave the company a buy rating in a research note on Wednesday, October 26th. Berenberg Bank decreased their target price on shares of Diageo plc from GBX 2,400 ($29.95) to GBX 2,140 ($26.71) and set a buy rating for the company in a research note on Friday, November 25th. J P Morgan Chase & Co set a GBX 2,500 ($31.20) target price on shares of Diageo plc and gave the stock a buy rating in a research note on Tuesday, December 13th. Finally, BNP Paribas set a GBX 2,250 ($28.08) target price on shares of Diageo plc and gave the stock a buy rating in a research note on Wednesday, December 14th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and thirteen have given a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of GBX 2,286.83 ($28.54).
Diageo plc (LON:DGE) traded up 1.17% during midday trading on Thursday, reaching GBX 2244.00. The company had a trading volume of 7,112,146 shares. Diageo plc has a 1-year low of GBX 1,724.50 and a 1-year high of GBX 2,286.50. The firm’s 50 day moving average is GBX 2,120.95 and its 200 day moving average is GBX 2,125.36. The stock’s market capitalization is GBX 56.33 billion.
The business also recently declared a dividend, which will be paid on Thursday, April 6th. Shareholders of record on Thursday, February 23rd will be issued a GBX 23.70 ($0.30) dividend. The ex-dividend date of this dividend is Thursday, February 23rd. This represents a dividend yield of 1.07%.
In related news, insider Franz B. Humer purchased 405 shares of the firm’s stock in a transaction on Monday, December 12th. The shares were bought at an average price of GBX 2,043 ($25.50) per share, for a total transaction of £8,274.15 ($10,325.91). Also, insider Javier Ferran purchased 13,000 shares of the firm’s stock in a transaction on Tuesday, November 15th. The stock was bought at an average price of GBX 1,975 ($24.65) per share, for a total transaction of £256,750 ($320,416.82). In the last quarter, insiders acquired 13,421 shares of company stock worth $26,535,865.
Diageo plc 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.