In a report released yesterday, James Edwardes Jones from RBC Capital maintained a Hold rating on Diageo (DGEAF), with a price target of £24.00. The company’s shares closed last Wednesday at $42.06, close to its 52-week high of $43.07.
Jones has an average return of 16.9% when recommending Diageo.
According to TipRanks.com, Jones is ranked #3730 out of 7331 analysts.
Diageo has an analyst consensus of Moderate Buy, with a price target consensus of $45.82.
See today’s analyst top recommended stocks >>
The company has a one-year high of $43.07 and a one-year low of $24.55. Currently, Diageo has an average volume of 9,544.
Based on the recent corporate insider activity of 73 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DGEAF in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
