Diageo plc 3.1% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings
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Diageo plc using EPIC/TICKER code (LON:DGE) had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘NEUTRAL’ today by analysts at JP Morgan Cazenove. Diageo plc are listed in the Consumer Goods sector within UK Main Market. JP Morgan Cazenove have set a target price of 3100 GBX on its stock. This is indicating the analyst believes there is a potential downside of -3.1% from today’s opening price of 3200 GBX. Over the last 30 and 90 trading days the company share price has increased 59 points and increased 285 points respectively. The 52 week high for the stock is 3261 GBX while the year low share price is currently 2513 GBX.

Diageo plc has a 50 day moving average of 3,105.41 GBX and a 200 day moving average of 2,863.77. There are currently 2,383,079,953 shares in issue with the average daily volume traded being 4,204,343. Market capitalisation for LON:DGE is £76,520,697,290 GBP.

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