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Home / Stocks and Markets at Lows / Diageo (DGE.L) 05-03-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Diageo (DGE.L) 05-03-20

Shares in Diageo (DGE.L) have fallen notably from recent highs of 3381.5p. Will the trend prevail, or is this an opportunity for you to pick up a bargain?

 

  • Currently at 2790.5p (at time of writing). A move up to highs would represent a rise of 21%.
  • These share are amongst the biggest fallers in the period.
  • Is the move unfinished, or are we about to see a bounce?
  • The market has been known to over-react to bad news. Investors should consider whether these falls are justified, or is this an over-reaction?
  • Shares -23% from 12-month highs; +0% from 12 month lows.

Latest News

27 Feb:  Credit Suisse reiterates its outperform rating on Diageo (DGE) and reduced the target price to 3450p (from 3550p).

27 Feb:  Berenberg reiterates its hold rating on Diageo (DGE) and increased the target price to 2870p (from 2720p).

27 Feb:  Barclays Capital reiterates its overweight rating on Diageo (DGE) and reduced the target price to 3390p (from 3580p).

26 Feb:  Goldman Sachs today initiates coverage of Diageo (DGE) with a buy rating and target price of 3600p.

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

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