Recent Analysts’ Ratings Changes for Diageo (DGE)

Diageo (LON: DGE) has recently received a number of price target changes and ratings updates:

  • 4/16/2018 – Diageo was given a new GBX 2,880 ($41.24) price target on by analysts at UBS. They now have a “buy” rating on the stock.
  • 4/10/2018 – Diageo had its “buy” rating reaffirmed by analysts at DZ Bank AG.
  • 4/10/2018 – Diageo was given a new GBX 2,700 ($38.66) price target on by analysts at Sanford C. Bernstein. They now have a “buy” rating on the stock.
  • 4/4/2018 – Diageo had its “buy” rating reaffirmed by analysts at UBS.
  • 3/26/2018 – Diageo was given a new GBX 2,300 ($32.93) price target on by analysts at Royal Bank of Canada. They now have a “neutral” rating on the stock.
  • 3/15/2018 – Diageo had its “sell” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 2,100 ($30.07) price target on the stock.
  • 3/12/2018 – Diageo had its price target lowered by analysts at Societe Generale from GBX 2,896 ($41.47) to GBX 2,760 ($39.52). They now have a “buy” rating on the stock.
  • 3/5/2018 – Diageo had its “sell” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 2,100 ($30.07) price target on the stock.
  • 2/27/2018 – Diageo had its “sell” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 2,100 ($30.07) price target on the stock.

Shares of DGE traded down GBX 12.50 ($0.18) during mid-day trading on Tuesday, hitting GBX 2,446.50 ($35.03). The stock had a trading volume of 3,581,090 shares, compared to its average volume of 4,520,000. Diageo has a 52 week low of GBX 2,186.50 ($31.31) and a 52 week high of GBX 2,735.50 ($39.17).

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Diageo (LON:DGE) last issued its earnings results on Thursday, January 25th. The company reported GBX 67.80 ($0.97) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 65.70 ($0.94) by GBX 2.10 ($0.03). Diageo had a return on equity of 33.47% and a net margin of 27.06%. The firm had revenue of GBX 653 billion for the quarter.

The business also recently disclosed a dividend, which was paid on Friday, April 6th. Investors of record on Thursday, February 22nd were paid a dividend of GBX 24.90 ($0.36) per share. The ex-dividend date was Thursday, February 22nd. This represents a dividend yield of 0.99%.

In related news, insider Javier Ferrán acquired 30,000 shares of the firm’s stock in a transaction that occurred on Friday, January 26th. The shares were bought at an average cost of GBX 2,541 ($36.38) per share, for a total transaction of £762,300 ($1,091,494.85). Over the last quarter, insiders have purchased 30,674 shares of company stock worth $77,907,904.

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, Tanqueray, and Guinness.

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