Barclays reissued their overweight rating on shares of Diageo plc (LON:DGE) in a report published on Thursday morning, MarketBeat reports. Barclays currently has a GBX 1,950 ($28.05) price objective on the stock.

Shares of Diageo plc (LON:DGE) traded down 0.24% during midday trading on Thursday, reaching GBX 1906.00. The company’s stock had a trading volume of 4,888,190 shares. The stock’s market cap is GBX 47.78 billion. The firm has a 50-day moving average of GBX 1,837.22 and a 200-day moving average of GBX 1,821.93. Diageo plc has a one year low of GBX 1,592.50 and a one year high of GBX 1,982.00.

The firm also recently announced a dividend, which will be paid on Thursday, April 7th. Shareholders of record on Thursday, February 25th will be paid a GBX 22.60 ($0.33) dividend. The ex-dividend date is Thursday, February 25th. This represents a yield of 1.23%.

In other Diageo plc news, insider Humer,Franz B bought 457 shares of the firm’s stock in a transaction on Monday, January 11th. The shares were acquired at an average cost of GBX 1,812 ($26.07) per share, for a total transaction of £8,280.84 ($11,913.16). Also, insider Stewart,Alan bought 1,060 shares of the firm’s stock in a transaction on Tuesday, February 2nd. The stock was acquired at an average price of GBX 1,899 ($27.32) per share, for a total transaction of £20,129.40 ($28,959.00).

Several other equities research analysts also recently commented on the company. Credit Suisse restated an outperform rating and set a GBX 2,100 ($30.21) price objective on shares of Diageo plc in a report on Friday, December 11th. Nomura restated a buy rating and set a GBX 2,000 ($28.77) price objective on shares of Diageo plc in a report on Friday, October 2nd. Berenberg Bank restated a buy rating and set a GBX 2,350 ($33.81) price objective on shares of Diageo plc in a report on Thursday, October 15th. Jefferies Group restated a buy rating and set a GBX 2,100 ($30.21) price objective on shares of Diageo plc in a report on Thursday, November 12th. Finally, AlphaValue restated a reduce rating and set a GBX 1,920 ($27.62) price objective on shares of Diageo plc in a report on Thursday, December 24th. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and fifteen have assigned a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of GBX 1,971.73 ($28.37).

Diageo plc (LON:DGE) is a drinks business company. The Company is a provider of beverage alcohol of various brands in spirits, beer and wine. The Company produces its brands from more than 200 sites in over 30 countries. Diageo owns manufacturing production facilities across the globe, including maltings, distilleries, breweries, packaging plants, maturation warehouses, cooperages, vineyards, wineries and distribution warehouses. Diageo’s brands are also produced at plants owned and operated by third parties and joint ventures at a number of locations around the world. Its geographical segments are North America, Europe, Africa, Latin America and Caribbean, Asia Pacific and Corporate. It offers products under various brands, including Johnnie Walker, Smirnoff, Captain Morgan, Baileys, Tanqueray, Guinness, Crown Royal, Yeni Raki, JeB, Buchanan’s, Bundaberg, Ypioca, Cacique, Windsor, Bell’s, JeB, Grand Old Parr, Shui Jing Fang, Ciroc and Bulleit Bourbon, among others.

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