Credit Suisse Keeps a Buy Rating on Diageo (DGEAF)

In a report released today, Sanjeet Aujla from Credit Suisse maintained a Buy rating on Diageo (DGEAFResearch Report), with a price target of £45.50. The company’s shares closed last Thursday at $46.09.

Aujla has an average return of 7.1% when recommending Diageo.

According to TipRanks.com, Aujla is ranked #2988 out of 7984 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Diageo with a $52.71 average price target, implying a 14.6% upside from current levels. In a report released yesterday, J.P. Morgan also maintained a Buy rating on the stock with a £43.50 price target.

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The company has a one-year high of $56.10 and a one-year low of $40.98. Currently, Diageo has an average volume of 14.77K.

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Diageo Plc engages in the production and distribution of alcoholic beverages. Its brands include Johnnie Walker, Crown Royal, JeB, Buchanan’s, Windsor and Bushmills whiskies, Smirnoff, Ciroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray, and Guinness. It operates through the following geographical segments: North America; Europe and Turkey; Africa; Latin America and Caribbean; Asia Pacific; ISC; and Corporate and Other. The company was founded on October 21, 1886 and is headquartered in London, the United Kingdom.

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