Citigroup reissued their neutral rating on shares of Diageo (NYSE:DEO) in a report published on Tuesday, The Fly reports.
A number of other equities research analysts also recently commented on DEO. Argus upgraded Diageo from a hold rating to a buy rating and set a $225.00 target price on the stock in a research report on Friday, June 4th. Deutsche Bank Aktiengesellschaft reiterated a buy rating on shares of Diageo in a research report on Thursday, May 13th. Sanford C. Bernstein downgraded Diageo from an outperform rating to a market perform rating in a research report on Monday, June 14th. Zacks Investment Research downgraded Diageo from a buy rating to a hold rating and set a $176.00 target price on the stock. in a research report on Tuesday, March 30th. Finally, JPMorgan Chase & Co. upgraded Diageo from an underweight rating to a neutral rating in a research report on Friday, June 18th. Six research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The stock has an average rating of Buy and a consensus price target of $188.33.
NYSE:DEO opened at $194.37 on Tuesday. The firm’s 50-day moving average is $188.24. Diageo has a 52-week low of $127.12 and a 52-week high of $197.67. The company has a quick ratio of 0.91, a current ratio of 1.77 and a debt-to-equity ratio of 1.72. The company has a market capitalization of $113.70 billion, a price-to-earnings ratio of 35.34, a PEG ratio of 3.75 and a beta of 0.67.
Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages. The company offers scotch, whisky, gin, vodka, rum, ready to drink products, Irish cream liqueur, raki, liqueur, wine, tequila, Canadian whisky, American whiskey, adult beverages, cachaÃ§a, spirits, and brandy, as well as beer, including cider and non-alcoholic products.
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