Is there a Bearish outlook for Diageo plc (LON:DGE) this week?

February 15, 2018 - By Linda Rogers

 Is there a Bearish outlook for Diageo plc (LON:DGE) this week?

Diageo plc (LON:DGE) Ratings Coverage

Among 29 analysts covering Diageo PLC (LON:DGE), 13 have Buy rating, 3 Sell and 13 Hold. Therefore 45% are positive. Diageo PLC had 348 analyst reports since July 27, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, January 29 by Nomura. The stock has “Buy” rating by Deutsche Bank on Friday, July 31. JP Morgan maintained the stock with “Overweight” rating in Friday, July 7 report. The stock of Diageo plc (LON:DGE) has “Buy” rating given on Friday, July 28 by Jefferies. Barclays Capital maintained it with “Overweight” rating and GBX 2000 target in Thursday, February 4 report. Kepler Cheuvreux maintained the shares of DGE in report on Tuesday, August 30 with “Hold” rating. The firm earned “Buy” rating on Wednesday, November 29 by Jefferies. As per Friday, March 17, the company rating was maintained by JP Morgan. Shore Capital maintained the stock with “Buy” rating in Thursday, January 26 report. The firm has “Sell” rating given on Monday, March 14 by Societe Generale. Below is a list of Diageo plc (LON:DGE) latest ratings and price target changes.

07/02/2018 Broker: Goldman Sachs Rating: Neutral Old Target: GBX 2550.00 New Target: GBX 2667.00 Maintain
30/01/2018 Broker: Credit Suisse Rating: Outperform Old Target: GBX 2840.00 New Target: GBX 2840.00 Maintain
29/01/2018 Broker: Liberum Capital Rating: Sell Old Target: GBX 2100.00 New Target: GBX 2100.00 Maintain
29/01/2018 Broker: RBC Capital Markets Rating: Sector Performer Old Target: GBX 2600.00 New Target: GBX 2400.00 Downgrade
29/01/2018 Broker: Investec Rating: Hold Old Target: GBX 2550.00 New Target: GBX 2550.00 Maintain
29/01/2018 Broker: Kepler Cheuvreux Rating: Hold Old Target: GBX 2550.00 New Target: GBX 2550.00 Maintain
26/01/2018 Broker: Credit Suisse Rating: Outperform New Target: GBX 2840.00 Maintain
26/01/2018 Broker: Berenberg Rating: Hold Old Target: GBX 2550.00 New Target: GBX 2550.00 Maintain
25/01/2018 Broker: Beaufort Securities Rating: Hold Old Target: GBX 2600.00 New Target: GBX 2500.00 Downgrade
25/01/2018 Broker: Bryan Garnier & Cie Rating: Neutral Old Target: GBX 2320.00 New Target: GBX 2320.00 Maintain

The stock increased 0.08% or GBX 2 during the last trading session, reaching GBX 2475.5. About 4.04 million shares traded. Diageo plc (LON:DGE) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages worldwide. The company has market cap of 61.00 billion GBP. The firm offers a collection of brands across spirits, beer, cider, and wine categories. It has a 19.45 P/E ratio. The Company’s 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.

More important recent Diageo plc (LON:DGE) news were published by: Fool.Co.Uk which released: “Why I’d buy Diageo plc over this super growth stock” on January 25, 2018, also Gurufocus.com published article titled: “Schulhoff & Co Inc Buys BP PLC, Diageo PLC, Sherwin-Williams Co”, Bloomberg.com published: “Diageo Keeps Walking as Activists Push Consumer Giants on Profit” on January 25, 2018. More interesting news about Diageo plc (LON:DGE) was released by: Bna.com and their article: “Diageo Warns of $350M Hit From EU’s Probe on UK Tax Scheme” with publication date: January 31, 2018.

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