Jefferies analyst Andrei Andon Ionita maintained a Hold rating on Diageo (DGEAF – Research Report) today and set a price target of £29.00. The company’s shares closed yesterday at $35.55.
In addition to Jefferies, Diageo also received a Hold from J.P. Morgan’s Celine Pannuti CFA in a report issued yesterday. However, today, Barclays assigned a Buy rating to Diageo (Other OTC: DGEAF).
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DGEAF market cap is currently $80.45B and has a P/E ratio of 18.06.
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.
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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.
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