Diageo (DGE) Stock Forecast & Price Target

GBX 2,504.50 -21.00 (-0.83%)

(As of 12/20/2024 12:19 PM ET)

Diageo - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 7 Analyst Ratings

Sell
1

Hold
2

Buy
4

Based on 7 Wall Street analysts who have issued ratings for Diageo in the last 12 months, the stock has a consensus rating of "Hold." Out of the 7 analysts, 1 has given a sell rating, 2 have given a hold rating, and 4 have given a buy rating for DGE.

Consensus Price Target

GBX 2,993.33

According to the 7 analysts' twelve-month price targets for Diageo, the average price target is GBX 2,993.33. The highest price target for DGE is GBX 3,640, while the lowest price target for DGE is GBX 2,400. The average price target represents a forecasted upside of 19.52% from the current price of GBX 2,504.50.

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DGE Analyst Ratings Over Time

Type	Current Forecast 12/23/23 to 12/22/24	1 Month Ago 11/23/23 to 11/22/24	3 Months Ago 9/24/23 to 9/23/24	1 Year Ago 12/23/22 to 12/23/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	3 Buy rating(s)
Hold	2 Hold rating(s)	3 Hold rating(s)	3 Hold rating(s)	2 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	GBX 2,993.33	GBX 3,008	GBX 3,008	GBX 3,770
Consensus Rating	Hold	Hold	Hold	Hold

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DGE Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

DGE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Diageo Stock vs. The Competition

Type	Diageo	Consumer Defensive Companies
Consensus Rating Score	2.43	2.49
Consensus Rating	Hold	Hold
News Sentiment Rating	Neutral News See Recent DGE News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/12/2024	UBS Group 4 of 5 stars		Upgrade	Buy	GBX 2,300 ➝ GBX 2,920	+14.55%
12/6/2024	Jefferies Financial Group 2 of 5 stars		Upgrade	Buy	GBX 2,800	+15.42%
8/22/2024	JPMorgan Chase & Co. 3 of 5 stars		Reiterated Rating	Neutral	GBX 3,200	+28.21%
8/12/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sector perform	GBX 2,100 ➝ GBX 2,400	-2.06%
7/29/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy	GBX 3,000	+17.49%
5/1/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	GBX 3,550 ➝ GBX 3,640	+31.84%
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4/30/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Sell
2/6/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Trevor Stirling Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target		GBX 4,200	+17.58%
1/31/2023	Investec Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Buy	GBX 3,900	+12.51%
1/27/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Sanjeet Aujla Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target		GBX 4,200	+22.63%
1/26/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Olivier Nicolai Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target		GBX 4,700	+35.02%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 05:32 AM ET.

Should I Buy Diageo Stock? DGE Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, December 13, 2024. Please send any questions or comments about these Diageo pros and cons to contact@marketbeat.com.

Diageo
Bull Case

Here are some ways that investors could benefit from investing in Diageo plc:

Diageo plc has received a consensus rating of "Hold" from multiple brokerages, indicating a stable outlook and potential for moderate growth.
The average 1-year price target among analysts is GBX 3,008 ($37.91), suggesting that there is room for appreciation from the current stock price of GBX 2,344.50 ($29.55).
Recent insider buying activity, including a purchase of 352 shares by insider Javier Ferrán, reflects confidence in the company's future performance.
Diageo plc has a strong market capitalization of approximately £52.05 billion, which provides a solid foundation for growth and stability in the competitive alcoholic beverage market.
The company has a diverse product portfolio, including popular brands in various categories such as scotch, gin, and vodka, which can help mitigate risks associated with market fluctuations.

Diageo
Bear Case

Investors should be bearish about investing in Diageo plc for these reasons:

The stock has a high P/E ratio of 1,776.14, which may indicate that it is overvalued compared to its earnings, potentially leading to a price correction.
Diageo plc has a debt-to-equity ratio of 186.26, suggesting that the company is heavily leveraged, which could pose risks in times of economic downturns.
Despite recent positive ratings, one analyst has issued a sell recommendation, indicating that there are differing opinions on the stock's future performance.
The stock has experienced volatility, with a 12-month low of GBX 2,165.60 ($27.29) and a high of GBX 3,056 ($38.51), which may concern risk-averse investors.
Recent trading volumes have been lower than average, which could indicate reduced investor interest and liquidity issues in the stock.

DGE Forecast - Frequently Asked Questions

: According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Diageo is GBX 2,993.33, with a high forecast of GBX 3,640 and a low forecast of GBX 2,400.
: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Diageo in the last twelve months. There is currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" DGE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DGE, but not buy additional shares or sell existing shares.
: According to analysts, Diageo's stock has a predicted upside of 19.52% based on their 12-month stock forecasts.
: Over the previous 90 days, Diageo's stock had 2 upgrades by analysts.
: Diageo has been rated by research analysts at Jefferies Financial Group, and UBS Group in the past 90 days.
: Analysts like Diageo less than other "consumer defensive" companies. The consensus rating score for Diageo is 2.43 while the average consensus rating score for "consumer defensive" companies is 2.49. Learn more on how DGE compares to other companies.

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This page (LON:DGE) was last updated on 12/22/2024 by MarketBeat.com Staff

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Diageo (DGE) Stock Forecast & Price Target