Jefferies Financial Group Reaffirms “Buy” Rating for Diageo (LON:DGE)

Diageo (LON:DGE)‘s stock had its “buy” rating reaffirmed by investment analysts at Jefferies Financial Group in a research report issued on Thursday, Digital Look reports. They presently have a GBX 2,200 target price on the stock. Jefferies Financial Group‘s price objective indicates a potential upside of 16.87% from the stock’s previous close.

A number of other brokerages have also commented on DGE. Berenberg Bank restated a “buy” rating and issued a GBX 2,223 price target on shares of Diageo in a report on Friday, August 7th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 2,000 price target on shares of Diageo in a research report on Monday, August 24th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 1,734 price target on shares of Diageo in a research note on Tuesday, October 27th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 1,960.50.

Diageo Price Performance

Shares of LON DGE opened at GBX 1,882.50 on Thursday. The firm has a market cap of £41.88 billion, a PE ratio of 24.17, a PEG ratio of 1.75 and a beta of 0.31. The company has a current ratio of 1.60, a quick ratio of 0.62 and a debt-to-equity ratio of 203.12. Diageo has a 1-year low of GBX 1,295.50 and a 1-year high of GBX 1,908. The company has a fifty day moving average price of GBX 1,684.16 and a 200 day moving average price of GBX 1,602.21.

Insider Buying and Selling

In other news, insider John Alexander Manzoni acquired 400 shares of the firm’s stock in a transaction dated Monday, October 12th. The stock was bought at an average price of GBX 1,640 per share, with a total value of £6,560. Insiders have acquired a total of 1,203 shares of company stock valued at $2,000,783 in the last ninety days. Company insiders own 0.16% of the company’s stock.

Key Headlines Impacting Diageo

Here are the key news stories impacting Diageo this week:

• Positive Sentiment: First-quarter net sales rose 1.2% to $4.93 billion; organic net sales increased 0.6% excluding the impact of EABL. Results beat estimates, with North America performing better than expected, and Diageo maintained its FY2027 guidance. Diageo reports first-quarter sales growth and maintains guidance
• Positive Sentiment: Berenberg reaffirmed its buy rating with a GBX 2,223 target, while Jefferies reiterated buy with a GBX 2,200 target—both implying potential upside from the recent trading level.
• Neutral Sentiment: Deutsche Bank raised its target slightly to GBX 1,740 but retained a hold rating. Shareholders also approved all resolutions at Diageo’s 5 November AGM. Diageo shareholders approve all AGM resolutions
• Negative Sentiment: Diageo cautioned that a U.S. turnaround will take time, tempering expectations for a quick recovery in a key market. Diageo warns U.S. turnaround will take time
• Negative Sentiment: Rising competition in the UK and Ireland stout market adds pressure to a core category. Diageo flags rising UK and Irish competition in stout

Diageo Company Profile

Diageo is a global leader in premium drinks, across spirits and beer, a business built on the principles and foundations laid by the giants of the industry.

With over 200 brands sold in 180 countries, our portfolio has remarkable breadth. From centuries-old names to exciting new entrants, and global giants to local legends, we’re building the very best brands out there, and with over 30,000 talented people based in over 135 countries, we’re a truly global company. With such diversity, we’re able to truly represent our broad consumer base and think differently about the future.

To maintain our position as leaders in the alcoholic beverage market, we always invest in the future and are mindful of the impact we have.