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JP Morgan Cazenove reiterated Diageo PLC (LON:DGE) to Overweight in a report released today.

Yesterday Diageo PLC (LON:DGE) traded -1.92% lower at 1,972.50GBX. The company’s 50-day moving average is 2,103.92GBX and its 200-day moving average is 2,066.76GBX. The last closing price is down -5.12% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 6,014,634 shares of the stock traded hands, up from an average trading volume of 4,681,150

JP Morgan Cazenove has reiterated Diageo PLC (LON:DGE) to Overweight in a report released on 12/2/2016.

Previously on 11/25/2016, Jefferies International reported on Diageo PLC (LON:DGE) held steady the target price at 2,300.00GBX. At the time, this indicated a possible upside of 0.15%.

See Chart Below

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 22.01 The company’s market cap is currently 0 GBX.

In addition to JP Morgan Cazenove reporting its stock price target, a total of 20 brokers have issued a research note on the company. The average stock price target is 2,132.25GBX with 4 brokers rating the stock a strong buy, 11 brokers rating the stock a buy, 8 brokers rating the stock a hold, 3 brokers rating the stock a underperform, and finally 1 broker 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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