Diageo (NYSE:DEO – Get Rating) had its price objective increased by Berenberg Bank from GBX 3,900 ($47.79) to GBX 4,160 ($50.97) in a research report report published on Tuesday morning, The Fly reports.
Several other equities analysts have also commented on DEO. Deutsche Bank Aktiengesellschaft increased their price objective on Diageo from GBX 3,230 ($39.58) to GBX 3,300 ($40.44) in a research report on Friday, July 29th. Kepler Capital Markets lowered Diageo from a buy rating to a hold rating in a research report on Wednesday, June 29th. Morgan Stanley reduced their price objective on Diageo from GBX 4,500 ($55.14) to GBX 4,100 ($50.24) in a research report on Tuesday, June 28th. Societe Generale increased their price objective on Diageo from GBX 4,250 ($52.08) to GBX 4,500 ($55.14) in a research report on Tuesday, April 19th. Finally, StockNews.com upgraded Diageo from a hold rating to a buy rating in a research report on Friday, July 29th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Diageo has an average rating of Hold and a consensus price target of $4,192.50.
Diageo Price Performance
Shares of Diageo stock opened at $189.18 on Tuesday. The company has a current ratio of 1.53, a quick ratio of 0.69 and a debt-to-equity ratio of 1.60. The business’s 50-day moving average price is $178.62 and its 200-day moving average price is $191.24. Diageo has a 12 month low of $166.24 and a 12 month high of $223.14.
Institutional Investors Weigh In On Diageo
Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages worldwide. The company offers scotch, whisky, gin, vodka, rum, ready to drink products, Irish cream liqueur, raki, liqueur, wine, tequila, Canadian whisky, American whiskey, cachaca, and brandy, as well as beer, including cider and non-alcoholic products.
- Get a free copy of the StockNews.com research report on Diageo (DEO)
- 3 Health Care Stocks in Great Financial Health
- Amazon Names Itself A Top Stock Of Q3 Contender
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Market Fundamentals Drive Results For The Williams Companies
- Pinterest Shares Are Soaring After Earnings, Is The Stock A Buy?
Want More Great Investing Ideas?
- Bear Market Game Plan!
- The 10 Best Stocks to Own in 2022
- 7 Stocks to Buy and Hold Forever
- 3 Stocks to DOUBLE This Year
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.