In a report released today, Celine Pannuti CFA from J.P. Morgan maintained a Hold rating on Diageo (DGEAF – Research Report), with a price target of £35.00. The company’s shares closed yesterday at $35.83.
According to TipRanks, Pannuti CFA is an analyst with an average return of -0.8% and a 46.73% success rate. Pannuti CFA covers the Consumer Defensive sector, focusing on stocks such as Diageo, Nestlé SA, and Anheuser-Busch Inbev Sa.
In addition to J.P. Morgan, Diageo also received a Hold from Jefferies’s Ed Mundy in a report issued on January 24. However, yesterday, Bernstein maintained a Buy rating on Diageo (Other OTC: DGEAF).
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The company has a one-year high of $47.95 and a one-year low of $33.29. Currently, Diageo has an average volume of 4,118.
Based on the recent corporate insider activity of 116 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DGEAF in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Diageo (DGEAF) Company Description:
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.
Read More on DGEAF:
- Diageo price target lowered to 2,380 GBp from 2,600 GBp at Morgan Stanley
- Diageo price target lowered to 2,450 GBp from 2,470 GBp at Deutsche Bank
- Diageo Settles Legal Battle with Diddy
- Diageo named short-term sell idea at Deutsche Bank
- Diageo downgraded to Underperform from Neutral at Exane BNP Paribas
