Diageo (LON:DGE – Free Report) had its target price lifted by Barclays from GBX 3,550 ($44.59) to GBX 3,640 ($45.72) in a research report sent to investors on Wednesday morning, MarketBeat.com reports. Barclays currently has an overweight rating on the stock.
Other equities analysts also recently issued reports about the company. Deutsche Bank Aktiengesellschaft reiterated a sell rating on shares of Diageo in a research report on Tuesday. Jefferies Financial Group reiterated a hold rating and set a GBX 2,900 ($36.43) target price on shares of Diageo in a research report on Thursday, April 18th. Finally, JPMorgan Chase & Co. restated a neutral rating on shares of Diageo in a research report on Monday, February 26th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of Hold and a consensus target price of GBX 3,058 ($38.41).
View Our Latest Stock Report on DGE
Diageo Stock Up 0.0 %
Insider Buying and Selling
In other Diageo news, insider Karen Blackett purchased 702 shares of the firm’s stock in a transaction on Monday, April 8th. The stock was purchased at an average cost of GBX 2,826 ($35.50) per share, for a total transaction of £19,838.52 ($24,919.63). In related news, insider Karen Blackett acquired 702 shares of the stock in a transaction dated Monday, April 8th. The stock was bought at an average price of GBX 2,826 ($35.50) per share, for a total transaction of £19,838.52 ($24,919.63). Also, insider Javier Ferrán bought 290 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The shares were bought at an average cost of GBX 2,853 ($35.84) per share, for a total transaction of £8,273.70 ($10,392.79). Insiders bought 1,002 shares of company stock valued at $2,839,892 over the last quarter. Insiders own 0.13% of the company’s stock.
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.
Featured Stories
- Five stocks we like better than Diageo
- How to invest in marijuana stocks in 7 steps
- Apple’s Earnings Show Investors Its Strength and Its Weakness
- The 3 Best Retail Stocks to Shop for in August
- Bargain Alert: 3 Large Caps With Extremely Oversold RSIs
- Low PE Growth Stocks: Unlocking Investment Opportunities
- DraftKings Q1: Strong Customer Acquisition and Product Innovation
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.