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Diageo plc 11% Potential Upside Indicated by RBC Capital Markets

Diageo plc with EPIC/TICKER (LON:DGE) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at RBC Capital Markets. Diageo plc are listed in the Consumer Goods sector within UK Main Market. RBC Capital Markets have set a target price of 3500 GBX on its stock. This would imply the analyst believes there is now a potential upside of 11.0% from the opening price of 3152 GBX. Over the last 30 and 90 trading days the company share price has increased 21.5 points and decreased 453 points respectively. The 52 week high for the stock is 3633.5 GBX while the 52 week low for the share price is 2688.5 GBX.

Diageo plc has a 50 day moving average of 3,205.72 GBX and a 200 Day Moving Average share price is recorded at 3,287.84. There are currently 2,345,764,223 shares in issue with the average daily volume traded being 3,801,334. Market capitalisation for LON:DGE is £73,750,827,171 GBP.