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Diageo plc 12.4% Potential Upside Indicated by Deutsche Bank

Diageo plc using EPIC/TICKER code (LON:DGE) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘HOLD’ this morning by analysts at Deutsche Bank. Diageo plc are listed in the Consumer Goods sector within UK Main Market. Deutsche Bank have set their target price at 3650 GBX on its stock. This is indicating the analyst believes there is a potential upside of 12.4% from the opening price of 3246.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 239 points and decreased 134.5 points respectively. The 52 week high for the share price is currently at 3633.5 GBX while the year low stock price is currently 2513 GBX.

Diageo plc has a 50 day moving average of 3,442.94 GBX and a 200 day moving average of 3,200.47. There are currently 2,360,079,264 shares in issue with the average daily volume traded being 4,515,496. Market capitalisation for LON:DGE is £77,021,186,780 GBP.