Jefferies analyst Ed Mundy 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 $35.36.
According to TipRanks, Mundy is a 3-star analyst with an average return of 3.9% and a 49.43% success rate. Mundy covers the Consumer Defensive sector, focusing on stocks such as Diageo, Fevertree Drinks, and Coca-Cola Europacific Partners.
The word on The Street in general, suggests a Hold analyst consensus rating for Diageo with a $37.81 average price target.
DGEAF market cap is currently $79.46B and has a P/E ratio of 19.92.
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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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