Todays Report: Today, Brokerages gives Consensus Recommendation of “Hold” to Diageo PLC (DEO)

Today, Brokerages gives Consensus Recommendation of “Hold” to Diageo PLC (DEO)

Shares of Diageo PLC (NYSE:DEO) have received an average recommendation of “Hold” from the fifteen research firms that are covering the stock. One analyst has rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $137.71.

Several equities analysts have commented on DEO shares. Beaufort Securities reiterated a “buy” rating on shares of Diageo PLC in a report on Sunday, July 31st. Zacks Investment Research downgraded Diageo PLC from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 5th. Liberum Capital started coverage on Diageo PLC in a report on Monday, October 3rd. They set a “hold” rating on the stock. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Diageo PLC in a report on Wednesday, September 7th. Finally, started coverage on Diageo PLC in a report on Thursday, October 6th. They set a “buy” rating and a $130.00 price target on the stock.

Large investors have recently bought and sold shares of the company. Renaissance Technologies LLC increased its stake in Diageo PLC by 64.6% in the first quarter. Renaissance Technologies LLC now owns 143,000 shares of the company’s stock worth $15,425,000 after buying an additional 56,100 shares in the last quarter. A.R.T. Advisors LLC increased its stake in Diageo PLC by 327.1% in the first quarter. A.R.T. Advisors LLC now owns 9,532 shares of the company’s stock worth $1,028,000 after buying an additional 7,300 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. increased its stake in Diageo PLC by 11.7% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 24,649 shares of the company’s stock worth $2,658,000 after buying an additional 2,578 shares in the last quarter. Logan Capital Management Inc. increased its stake in Diageo PLC by 4.3% in the first quarter. Logan Capital Management Inc. now owns 2,330 shares of the company’s stock worth $251,000 after buying an additional 95 shares in the last quarter. Finally, First Republic Investment Management Inc. increased its stake in Diageo PLC by 18.2% in the first quarter. First Republic Investment Management Inc. now owns 72,686 shares of the company’s stock worth $7,841,000 after buying an additional 11,209 shares in the last quarter. Hedge funds and other institutional investors own 11.85% of the company’s stock.

Shares of Diageo PLC (NYSE:DEO) traded up 1.14% during trading on Friday, reaching $101.84. The company had a trading volume of 392,597 shares. The stock has a market capitalization of $63.91 billion, a price-to-earnings ratio of 22.98 and a beta of 0.80. The company’s 50 day moving average is $106.25 and its 200-day moving average is $110.45. Diageo PLC has a 1-year low of $99.46 and a 1-year high of $117.84.

Related posts

Leave a Comment