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A statement released earlier today by Jefferies International about Diageo PLC (LON:DGE) bumps the target price to 2,600.00GBX

Jefferies International bumped up the target of Diageo PLC (LON:DGE) to 2,600.00GBX stating a potential upside of 0.20%.

Previously on 10/03/2016, Liberum Capital reported on Diageo PLC (LON:DGE) increased the target price from 0.00GBX to 2,182.00GBX. At the time, this indicated a possible downside of -0.03%.

Just yesterday Diageo PLC (LON:DGE) traded -0.87% lower at 2,174.75GBX. Diageo PLC’s 50-day moving average is 2,167.18GBX and its 200-day moving average is 2,022.94GBX. The last closing price is up 7.32% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 987,790 shares of the stock were exchanged, down from an average trading volume of 4,049,910

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Diageo PLC (LON:DGE)

Diageo PLC has a 52 week low of 1,724.50GBX and a 52 week high of 2,286.50GBX with a P/E ratio of 24.37 The company’s market cap is currently 0 GBX.

In addition to Jefferies International reporting its target price, a total of 20 firms have issued a report on the stock. The consensus target price is 2,132.25GBX with 4 firms rating the stock a strong buy, 11 firms rating the stock a buy, 8 firms rating the stock a hold, 3 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.

General Information About Diageo PLC (LON:DGE)

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. The Company's brands includes Johnnie Walker, Smirnoff, Captain Morgan, Baileys, Tanqueray and Guinness. It manages its operations from various locations, including the United Kingdom; Ireland; Italy; Turkey; the United States; Canada; Brazil; Mexico; Australia; Singapore; India; Nigeria; South Africa; East Africa, and Africa Regional Markets. It also produces a range of ready to drink products mainly in the United Kingdom, Italy, South Africa, Australia, the United States and Canada.

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