Diageo (DGE) Shares Up 0%

Diageo plc (LON:DGE) shot up 0% during mid-day trading on Tuesday . The company traded as high as GBX 2,623 ($35.30) and last traded at GBX 2,606.50 ($35.08). 3,607,819 shares traded hands during trading, a decline of 6% from the average session volume of 3,850,000 shares. The stock had previously closed at GBX 2,606.50 ($35.08).

A number of brokerages have issued reports on DGE. Jefferies Group reissued a “buy” rating and set a GBX 2,900 ($39.03) target price on shares of Diageo in a report on Wednesday, November 29th. Credit Suisse Group reissued an “outperform” rating and set a GBX 2,700 ($36.34) target price on shares of Diageo in a report on Wednesday, August 9th. J P Morgan Chase & Co reissued an “overweight” rating and set a GBX 2,900 ($39.03) target price on shares of Diageo in a report on Thursday, November 30th. Morgan Stanley reissued an “overweight” rating and set a GBX 2,700 ($36.34) target price on shares of Diageo in a report on Wednesday, August 9th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a GBX 2,600 ($34.99) target price on shares of Diageo in a report on Thursday, August 10th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and fourteen have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of GBX 2,586.05 ($34.81).

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About Diageo

Diageo PLC is an alcoholic beverage company. The Company operates in various categories, including spirits and beer. Its geographic segments include North America; Europe, Russia and Turkey; Africa; Latin America and Caribbean, and Asia Pacific. Its principal products includes Scotch whisky, Gin, Vodka, Rum, Beer, Irish Cream Liqueur, Wine, Raki, Tequila, Canadian Whisky, American Whiskey, Progressive Adult Beverages, Cachaca, Brandy and Ready to Drink.

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