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Home / Support and Resistance / Diageo (DGE.L) 13-02-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Diageo (DGE.L) 13-02-20

Will Diageo (DGE.L) shares break below the 3060p support zone, or will it return to highs of 3625p (+17%)?

 

  • Currently trading around the 3060p support at 3078.5p (at time of writing).
  • The price has tested this level repeatedly. Traders should be mindful of stop-loss placement.
  • Highs of 3625p have been seen in the recent past. Will we see this again? (+17%)
  • Shares -15% from 12-month highs; +5% from 12 month lows.

Latest News

11 Feb:  Javier Ferrán, Chairman, bought 263 shares within the firm on the 10th February 2020 at a price of 3140.50p. This Director currently has 232,249 shares.

05 Feb:  UBS reiterates its buy rating on Diageo (DGE) and reduced the target price to 3480p (from 3750p).

03 Feb:  Barclays Capital reiterates its overweight rating on Diageo (DGE) and reduced the target price to 3580p (from 3870p).

03 Feb:  Kepler Cheuvreux has upgraded its rating on Diageo (DGE) to buy (from hold) and increased the target price to 3700p (from 3400p).

03 Feb:  Credit Suisse reiterates its outperform rating on Diageo (DGE) and reduced the target price to 3550p (from 3630p).

31 Jan:  Bernstein reiterates its market perform rating on Diageo (DGE) and reduced the target price to 3370p (from 3400p).

31 Jan:  Berenberg reiterates its hold rating on Diageo (DGE) and reduced the target price to 2720p (from 2860p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

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