This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
Diageo (DGE)
Diageo (DGE)
Will shares pull back towards the lows of 1600p or break out to fresh all-time highs and continue the 12-year uptrend?
- Shares are up 15.5% since DGE was featured in our post-Brexit vote report
- Still in a 12-year uptrend
- Potential breakout from a 7-year bullish flag pattern
- RSI and Stochastics are overbought
Broker Consensus: 55% Buy, 39% Hold, 6% Sell
Bullish: Berenberg, Buy, Target 2350p, +8.5% (7 July)
Average Target: 2136p, -1.4% (7 Jul)
Bearish: Canaccord Genuity, Sell, Target 1660p, -23% (28 Jan)
« Back to Category
This research is produced by Accendo Markets Limited.
Research produced and disseminated by Accendo Markets is classified as non-independent research,
and is therefore a marketing communication. This investment research has not been prepared in accordance
with legal requirements designed to promote its independence and it is not subject to the prohibition on
dealing ahead of the dissemination of investment research. This research does not constitute a personal
recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.
Accendo Markets considers opinions and information contained within the research to be valid when published,
and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up,
and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance.
Prepared by Michael van Dulken, Head of Research
