# Diageo plc 8.9% potential upside indicated by JP Morgan Cazenove

- Link: https://www.directorstalkinterviews.com/diageo-plc-8-9-potential-upside-indicated-by-jp-morgan-cazenove/4121142913
- Published: 2024-02-16T11:50:30+00:00
- Author: Charlotte Edwards

**[Diageo plc](https://www.directorstalkinterviews.com/ftse-company/diageo-plc/dge.l)**
with ticker ([LON:DGE](https://www.directorstalkinterviews.com/ftse-company/diageo-plc/dge.l))
now has a potential upside of 8.9% according to [JP Morgan](https://www.directorstalkinterviews.com/company/news/funds)
Cazenove.
JP Morgan Cazenove set a target price of 3,200 GBX for the company, which
when compared to the Diageo plc share price of 2,938 GBX at opening today (16/02/
2024) indicates a potential upside of 8.9%. Trading has ranged between 2,676 (52
week low) and 3,780 (52 week high) with an average of 3,720,954 shares exchanging
hands daily. The market capitalisation at the time of writing is £65,488,912,720.
Diageo plc is a United Kingdom-based international manufacturer and distributor 
of premium drinks. The Company also owns various investments in associates and joint
ventures. The Company has a portfolio of approximately 200 brands and sales in 180
countries. The Company’s segments include North America, Europe, Asia Pacific, Latin
America and Caribbean, Africa, Supply Chain and Procurement (SC&P), and Corporate
and other. C&P segment manufactures products and includes production sites in the
United Kingdom, Ireland, Italy, Guatemala and Mexico, as well as comprises the global
procurement function. The Company’s principal products include scotch whisky, other
whisk(e)y, vodka, tequila, gin, rum, liqueurs, beer, wine, and no and low alcohol.
The Company’s brands include Johnnie Walker, Tanqueray, Smirnoff, Guinness, Baileys,
among others.

Share on: