Investment analysts at StockNews.com assumed coverage on shares of Diageo (NYSE:DEO – Get Rating) in a research note issued to investors on Thursday. The firm set a “buy” rating on the stock.
A number of other research analysts have also commented on the stock. Barclays lifted their price objective on shares of Diageo from GBX 5,010 ($61.06) to GBX 5,100 ($62.16) in a research note on Friday, January 27th. Credit Suisse Group dropped their price objective on shares of Diageo from GBX 4,500 ($54.84) to GBX 4,200 ($51.19) in a research note on Friday, January 27th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Diageo from GBX 3,160 ($38.51) to GBX 2,750 ($33.52) in a research note on Thursday, January 12th. Erste Group Bank lowered shares of Diageo from a “buy” rating to a “hold” rating in a research note on Friday, November 18th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Diageo from GBX 4,350 ($53.02) to GBX 4,500 ($54.84) in a research note on Thursday, December 1st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $4,081.00.
Diageo Stock Down 1.6 %
Shares of DEO opened at $169.90 on Thursday. Diageo has a 1-year low of $160.09 and a 1-year high of $212.33. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.57 and a quick ratio of 0.78. The firm has a fifty day moving average price of $176.32 and a 200 day moving average price of $175.60.
Institutional Trading of Diageo
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.
- Get a free copy of the StockNews.com research report on Diageo (DEO)
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