Diageo (LON:DGE) Receives Buy Rating from UBS Group

UBS Group reissued their buy rating on shares of Diageo (LON:DGE) in a research note released on Friday, ThisIsMoney.Co.Uk reports.

Several other equities analysts also recently commented on DGE. Kepler Capital Markets reaffirmed a hold rating on shares of HEIDELBERGCEMEN/ADR in a research report on Tuesday, July 9th. Jefferies Financial Group reissued a buy rating and set a GBX 1,453 ($18.99) price target on shares of in a research report on Tuesday, June 18th. Investec raised Standard Chartered from a hold rating to a buy rating in a research report on Monday, March 25th. Royal Bank of Canada reissued a hold rating and set a $0.35 price target on shares of DB Commodity Double Short ETN in a research report on Friday, July 12th. Finally, Credit Suisse Group reissued an outperform rating and set a GBX 2,012 ($26.29) price target on shares of Aston Martin Lagonda Global in a research report on Wednesday, May 1st. Two analysts have rated the stock with a sell rating, six have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of GBX 3,243.82 ($42.39).

LON:DGE opened at GBX 3,387 ($44.26) on Friday. The firm’s fifty day moving average is GBX 3,399.44. Diageo has a fifty-two week low of GBX 2,513 ($32.84) and a fifty-two week high of GBX 3,500.50 ($45.74). The stock has a market cap of $80.34 billion and a price-to-earnings ratio of 28.39. The company has a quick ratio of 0.72, a current ratio of 1.48 and a debt-to-equity ratio of 109.30.

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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