Deutsche Bank analyst Mitch Collett maintained a Sell rating on Diageo (DGEAF – Research Report) today and set a price target of £24.00. The company’s shares closed last Friday at $36.00.
According to TipRanks, Collett is a 3-star analyst with an average return of 2.5% and a 60.59% success rate. Collett covers the Consumer Defensive sector, focusing on stocks such as Diageo, Carlsberg, and Coca-Cola Europacific Partners.
The word on The Street in general, suggests a Hold analyst consensus rating for Diageo with a $39.30 average price target, representing a 9.17% upside. In a report released on February 8, RBC Capital also maintained a Sell rating on the stock with a £25.00 price target.
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DGEAF market cap is currently $81.77B and has a P/E ratio of 20.28.
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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.
Read More on DGEAF:
- Diageo price target lowered to 3,550 GBp from 3,730 GBp at Barclays
- Diageo price target lowered to 3,200 GBp from 3,500 GBp at JPMorgan
- Diageo price target lowered to 2,600 GBp from 2,650 GBp at UBS
- Diageo price target lowered to 2,400 GBp from 2,450 GBp at Deutsche Bank
- Diageo (DGE) Shares Fall on Weak H1 Performance
