Diageo receives updated ratings and price targets from Jefferies and Goldman Sachs

Diageo stock rating spirits industry price target investment banking

Financial institutions have issued updated outlooks for the spirits company Diageo. Jefferies has maintained a ‘Buy’ rating for the company and raised its price target from 2000 to 2200 pence. Analyst Edward Mundy noted that CEO Dave Lewis is actively implementing a turnaround plan.

Goldman Sachs has also adjusted its outlook, raising its price target for Diageo from 1800 to 1900 pence while maintaining a ‘Neutral’ rating. Analyst Olivier Nicolai highlighted the company’s strong cost-cutting measures, though he noted that revenue recovery remains uncertain.

Entities

Dave Lewis · Diageo · Goldman Sachs · Jefferies · Olivier Nicolai

Sources

JEFFERIES stuft DIAGEO auf 'Buy' [www.finanznachrichten.de]

8 days ago

Diageo (LON:DGE) Stock Price Expected to Rise, Jefferies Financial Group Analyst Says [www.marketbeat.com]

8 days ago

Diageo: Kursziel auf 2200 Pence angehoben – Turnaround unter Dave Lewis im Blick [www.it-boltwise.de]

7 days ago

Up 11% in just a week! Is Diageo's share price finally getting its fizz back? [www.twelfthmagpie.com]

8 days ago

GOLDMAN SACHS stuft DIAGEO auf 'Neutral' [www.finanznachrichten.de]

8 days ago