Diageo plc 14.8% Potential Upside Indicated by Goldman Sachs

Broker Ratings
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Diageo plc using EPIC/TICKER code (LON:DGE) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Goldman Sachs. Diageo plc are listed in the Consumer Goods sector within UK Main Market. Goldman Sachs have set a target price of 3500 GBX on its stock. This would imply the analyst believes there is now a potential upside of 14.8% from today’s opening price of 3050 GBX. Over the last 30 and 90 trading days the company share price has increased 45 points and increased 238.5 points respectively. The 1 year high for the stock price is 3081.76 GBX while the 52 week low is 2345.5 GBX.

Diageo plc has a 50 day moving average of 2,892.86 GBX and the 200 Day Moving Average price is recorded at 2,797.02. There are currently 2,409,766,166 shares in issue with the average daily volume traded being 4,510,367. Market capitalisation for LON:DGE is £73,521,965,724 GBP.

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