Credit Suisse Group set a GBX 2,750 ($35.95) target price on Diageo (LON:DGE) in a research report report published on Tuesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
DGE has been the topic of a number of other research reports. Jefferies Financial Group set a GBX 2,200 ($28.76) target price on Diageo and gave the company a sell rating in a report on Monday. Barclays reiterated a buy rating and set a GBX 2,960 ($38.70) target price on shares of Diageo in a report on Friday, August 14th. Berenberg Bank increased their target price on Diageo from GBX 2,400 ($31.38) to GBX 2,610 ($34.12) and gave the company a hold rating in a report on Thursday, July 2nd. UBS Group set a GBX 2,800 ($36.61) price objective on Diageo and gave the stock a buy rating in a report on Tuesday. Finally, Liberum Capital restated a buy rating on shares of Diageo in a report on Thursday, May 7th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and nine have given a buy rating to the company. Diageo currently has a consensus rating of Hold and a consensus target price of GBX 2,941.39 ($38.45).
Shares of LON:DGE opened at GBX 2,597 ($33.95) on Tuesday. The business’s fifty day moving average price is GBX 2,727.22 and its two-hundred day moving average price is GBX 2,758.36. The stock has a market cap of $60.70 billion and a PE ratio of 20.67. The company has a debt-to-equity ratio of 151.22, a quick ratio of 0.52 and a current ratio of 1.15. Diageo has a one year low of GBX 26.73 ($0.35) and a one year high of GBX 3,633.50 ($47.50).
The business also recently disclosed a dividend, which will be paid on Thursday, October 8th. Shareholders of record on Thursday, August 13th will be given a GBX 42.47 ($0.56) dividend. The ex-dividend date of this dividend is Thursday, August 13th. This is a positive change from Diageo’s previous dividend of $27.41. This represents a yield of 1.47%. Diageo’s dividend payout ratio (DPR) is 54.77%.
In related news, insider Javier Ferrán acquired 322 shares of the business’s stock in a transaction on Monday, August 10th. The shares were bought at an average cost of GBX 2,572 ($33.63) per share, with a total value of £8,281.84 ($10,827.35). Insiders acquired 331 shares of company stock worth $853,262 over the last three months.
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.
See Also: Elliott Wave Theory
Receive News & Ratings for Diageo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diageo and related companies with MarketBeat.com's FREE daily email newsletter.