Bernstein Believes Diageo (Other OTC: DGEAF) Won’t Stop Here

Bernstein analyst Trevor Stirling maintained a Buy rating on Diageo (DGEAFResearch Report) on January 12 and set a price target of £35.20. The company’s shares closed last Wednesday at $40.19, close to its 52-week high of $42.63.

Stirling has an average return of 6.5% when recommending Diageo.

According to TipRanks.com, Stirling is ranked #2881 out of 7227 analysts.

Diageo has an analyst consensus of Moderate Buy, with a price target consensus of $44.53, representing a 12.4% upside. In a report issued on January 7, Merrill Lynch also maintained a Buy rating on the stock with a £36.00 price target.

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The company has a one-year high of $42.63 and a one-year low of $24.55. Currently, Diageo has an average volume of 8,440.

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Diageo Plc engages in the production and distribution of alcoholic beverages. Its brands include Johnnie Walker, Crown Royal, JeB, Buchanan’s, Windsor and Bushmills whiskies, Smirnoff, Ciroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray, and Guinness. It operates through the following geographical segments: North America; Europe and Turkey; Africa; Latin America and Caribbean; Asia Pacific; ISC; and Corporate and Other. The company was founded on October 21, 1886 and is headquartered in London, the United Kingdom.