Diageo (LON:DGE) Given a GBX 3,200 Price Target by JPMorgan Chase & Co. Analysts

JPMorgan Chase & Co. set a GBX 3,200 ($41.81) price target on Diageo (LON:DGE) in a research report sent to investors on Wednesday morning, 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. Credit Suisse Group restated an outperform rating and issued a GBX 2,012 ($26.29) target price on shares of Aston Martin Lagonda Global in a research report on Wednesday, May 1st. Berenberg Bank restated a buy rating and issued a GBX 250 ($3.27) target price on shares of in a research report on Tuesday, June 18th. UBS Group downgraded to a sell rating and lifted their target price for the company from GBX 530 ($6.93) to GBX 540 ($7.06) in a research report on Wednesday, June 12th. Citigroup lifted their target price on Cyberark Software from $111.00 to $130.00 and gave the company an outperform rating in a research report on Wednesday, May 15th. Finally, Jefferies Financial Group restated a buy rating and issued a GBX 1,453 ($18.99) target price on shares of in a research report on Tuesday, June 18th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the stock. Diageo currently has a consensus rating of Hold and a consensus price target of GBX 3,224.41 ($42.13).

LON:DGE opened at GBX 3,391 ($44.31) on Wednesday. Diageo has a 52 week low of GBX 2,513 ($32.84) and a 52 week high of GBX 3,500.50 ($45.74). The company has a debt-to-equity ratio of 109.30, a current ratio of 1.48 and a quick ratio of 0.72. The stock has a market capitalization of $80.43 billion and a P/E ratio of 28.42. The company has a fifty day simple moving average of GBX 3,391.36.

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.

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Analyst Recommendations for Diageo (LON:DGE)

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