Diageo plc 6.1% Potential Decrease Indicated by JP Morgan Cazenove

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 ‘NEUTRAL’ this morning 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 3200 GBX on its stock. This is indicating the analyst believes there is a potential downside of -6.1% from the opening price of 3409 GBX. Over the last 30 and 90 trading days the company share price has increased 155 points and increased 369.5 points respectively. The 1 year high share price is 3412.5 GBX while the 52 week low for the share price is 2513 GBX.

Diageo plc has a 50 day moving average of 3,251.16 GBX and a 200 Day Moving Average share price is recorded at 2,931.62. There are currently 2,373,539,788 shares in issue with the average daily volume traded being 3,925,720. Market capitalisation for LON:DGE is £80,842,765,179 GBP.

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