Diageo plc (LON:DGE) Receives Consensus Rating of “Hold” from Brokerages

Shares of Diageo plc (LON:DGE) have earned an average recommendation of “Hold” from the six analysts that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is GBX 3,008 ($38.43).

DGE has been the subject of several recent research reports. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 3,200 ($40.88) price target on shares of Diageo in a research note on Thursday, August 22nd. Jefferies Financial Group raised shares of Diageo to a “buy” rating and set a GBX 2,800 ($35.77) price objective for the company in a research note on Friday, December 6th.

Diageo Stock Down 0.1 %

Diageo stock opened at GBX 2,441.85 ($31.20) on Wednesday. The company has a debt-to-equity ratio of 186.26, a current ratio of 1.53 and a quick ratio of 0.62. The company has a market capitalization of £54.21 billion, a P/E ratio of 1,849.89, a PEG ratio of 1.75 and a beta of 0.36. The stock has a fifty day simple moving average of GBX 2,478.69. Diageo has a twelve month low of GBX 2,165.60 ($27.67) and a twelve month high of GBX 3,056 ($39.04).

Insider Activity at Diageo

In related news, insider Javier Ferrán purchased 324 shares of Diageo stock in a transaction that occurred on Thursday, October 10th. The shares were bought at an average price of GBX 2,531 ($32.34) per share, for a total transaction of £8,200.44 ($10,477.12). 0.11% of the stock is owned by corporate insiders.

About Diageo

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. It offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavoured malt beverages. The company also provides Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as ready to drink and non-alcoholic products.