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Home / Stocks and Markets at Lows / Diageo (DGE.L) 28-10-19

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

Diageo (DGE.L) 28-10-19

Diageo (DGE.L) shares have fallen significantly from the most recent highs of 3625.5p. Will it continue, or is this an opportunity to pick some up?

 

  • A return to previous highs would represent a rise of 16%. Now at 3105.5p (at time of writing).
  • This is one of the biggest fallers of late.
  • Traders should consider whether it is down for good reason, or is this another over-reaction?
  • Bargain hunters should be mindful of fundamentals and events, which can influence price action. Check our website and news outlets for updates.
  • Shares -14% from 12-month highs; +17% from 12 month lows.

Latest News

10 Oct:  Javier Ferrán, Chairman, bought 249 shares in the firm on the 10th October 2019 at a price of 3321.00p. This Director currently has 231,193 shares.

20 Sep:  Deutsche Bank reiterates its hold rating on Diageo (DGE) and increased the target price to 3650p (from 3500p).

10 Sep:  Javier Ferrán, Chairman, bought 245 shares in the firm on the 10th September 2019 at a price of 3370.00p. This Director currently has 230,821 shares.

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

 

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