Diageo plc (LON:DGE) has earned an average rating of “Hold” from the twenty-seven brokerages that are currently covering the stock. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and thirteen have given a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is GBX 2,164.96 ($28.26).
Several brokerages recently issued reports on DGE. Liberum Capital began coverage on Diageo plc in a report on Monday. They set a “hold” rating and a GBX 2,182 ($28.48) price objective for the company. Beaufort Securities reissued a “buy” rating on shares of Diageo plc in a report on Thursday, September 22nd. Societe Generale reissued a “hold” rating and issued a GBX 2,308 ($30.13) price target on shares of Diageo plc in a report on Wednesday, September 21st. Jefferies Group reissued a “buy” rating and issued a GBX 2,500 ($32.63) price target on shares of Diageo plc in a report on Wednesday, September 21st. Finally, Barclays PLC reissued an “equal weight” rating and issued a GBX 2,150 ($28.06) price target on shares of Diageo plc in a report on Wednesday, September 21st.
Diageo plc (LON:DGE) traded up 1.02% during trading on Tuesday, reaching GBX 2268.00. The company had a trading volume of 8,323,854 shares. Diageo plc has a 12 month low of GBX 1,724.50 and a 12 month high of GBX 2,286.50. The company’s market capitalization is GBX 56.94 billion. The firm’s 50 day moving average is GBX 2,153.25 and its 200-day moving average is GBX 2,004.10.
The business also recently declared a dividend, which will be paid on Thursday, October 6th. Stockholders of record on Thursday, August 11th will be given a dividend of GBX 36.60 ($0.48) per share. This represents a dividend yield of 1.67%. This is a boost 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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