Merrill Lynch Remains a Buy on Diageo (DGEAF)


In a report issued on January 7, Andrea Pistacchi from Merrill Lynch maintained a Buy rating on Diageo (DGEAF), with a price target of £36.00. The company’s shares closed last Friday at $41.71, close to its 52-week high of $42.66.

According to TipRanks.com, Pistacchi is ranked #6699 out of 7208 analysts.

Diageo has an analyst consensus of Moderate Buy, with a price target consensus of $44.33.

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The company has a one-year high of $42.66 and a one-year low of $24.55. Currently, Diageo has an average volume of 8,173.

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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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