In a report issued on January 11, Nik Oliver from UBS maintained a Buy rating on Diageo (DGEAF – Research Report), with a price target of £33.00. The company’s shares closed last Wednesday at $40.19, close to its 52-week high of $42.63.
Oliver has an average return of 4.5% when recommending Diageo.
According to TipRanks.com, Oliver is ranked #3768 out of 7227 analysts.
Diageo has an analyst consensus of Moderate Buy, with a price target consensus of $44.53, implying a 12.4% upside from current levels. In a report issued on January 7, Merrill Lynch also maintained a Buy rating on the stock with a £36.00 price target.
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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.