Shore Capital reissued their under review rating on shares of Diageo (LON:DGE) in a research note published on Thursday morning, ThisIsMoney.Co.Uk reports.
Other equities analysts have also recently issued research reports about the company. Sanford C. Bernstein set a $177.00 price objective on Union Pacific and gave the company a hold rating in a research note on Friday, July 19th. Royal Bank of Canada reiterated a hold rating and issued a $0.35 price objective on shares of DB Commodity Double Short ETN in a research note on Friday, July 12th. Barclays reiterated a sell rating and issued a $5.00 price objective on shares of Deutsche Bank in a research note on Wednesday, July 17th. Credit Suisse Group set a $203.00 price objective on Union Pacific and gave the company a buy rating in a research note on Friday, July 19th. Finally, Berenberg Bank reiterated a buy rating and issued a GBX 250 ($3.27) price objective on shares of in a research note on Tuesday, June 18th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the company. The stock currently has an average rating of Hold and an average price target of GBX 3,330.31 ($43.52).
Shares of DGE traded up GBX 82.50 ($1.08) during midday trading on Thursday, hitting GBX 3,323 ($43.42). The company had a trading volume of 4,151,473 shares, compared to its average volume of 4,520,000. The company has a 50-day moving average price of GBX 3,403.10. The company has a quick ratio of 0.72, a current ratio of 1.48 and a debt-to-equity ratio of 109.30. The firm has a market capitalization of $78.59 billion and a price-to-earnings ratio of 27.85. Diageo has a 1 year low of GBX 2,513 ($32.84) and a 1 year high of GBX 3,500.50 ($45.74).
The firm also recently announced a dividend, which will be paid on Thursday, October 3rd. Investors of record on Thursday, August 8th will be paid a dividend of GBX 42.47 ($0.55) per share. This is a boost from Diageo’s previous dividend of $26.10. The ex-dividend date of this dividend is Thursday, August 8th. This represents a yield of 1.3%. Diageo’s payout ratio is presently 0.56%.
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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