Diageo (LON:DGE) Given a GBX 4,350 Price Target by JPMorgan Chase & Co. Analysts

JPMorgan Chase & Co. set a GBX 4,350 ($51.44) price target on Diageo (LON:DGEGet Rating) in a research note published on Wednesday morning, Borsen Zeitung reports.

A number of other research analysts have also recently issued reports on DGE. set a GBX 3,300 ($39.02) price objective on Diageo in a report on Friday, July 29th. Deutsche Bank Aktiengesellschaft reissued a sell rating and set a GBX 3,350 ($39.61) price objective on shares of Diageo in a report on Friday, October 7th. Royal Bank of Canada set a GBX 3,000 ($35.47) price objective on Diageo in a report on Thursday, July 28th. Sanford C. Bernstein set a GBX 3,950 ($46.71) target price on Diageo in a research note on Wednesday, October 12th. Finally, Barclays set a GBX 5,430 ($64.21) target price on Diageo in a research note on Monday, October 24th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, Diageo currently has an average rating of Hold and an average target price of GBX 4,169.33 ($49.30).

Diageo Stock Down 0.2 %

Shares of LON DGE opened at GBX 3,750 ($44.34) on Wednesday. The stock has a market cap of £85.40 billion and a PE ratio of 2,683.57. The business has a fifty day moving average of GBX 3,687.78 and a two-hundred day moving average of GBX 3,699.64. Diageo has a 52-week low of GBX 3,282.50 ($38.81) and a 52-week high of GBX 4,110 ($48.60). The company has a debt-to-equity ratio of 176.36, a quick ratio of 0.62 and a current ratio of 1.53.

Insider Activity

In other Diageo news, insider Javier Ferrán acquired 228 shares of the business’s stock in a transaction dated Monday, October 10th. The shares were acquired at an average price of GBX 3,622 ($42.83) per share, for a total transaction of £8,258.16 ($9,764.88). Insiders have acquired 673 shares of company stock worth $2,479,347 in the last 90 days.

Diageo Company Profile

(Get Rating)

Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages. The company offers scotch, whisky, gin, vodka, rum, ready to drink products, raki, liqueur, wine, tequila, Canadian whisky, American whiskey, cachaca, and brandy, as well as beer, including cider and non-alcoholic products.

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Analyst Recommendations for Diageo (LON:DGE)

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