Diageo PLC (NYSE:DEO) has earned an average recommendation of “Hold” from the sixteen analysts that are currently covering the company. Two research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $137.71.

DEO has been the topic of several research analyst reports. JPMorgan Chase & Co. reissued a “buy” rating on shares of Diageo PLC in a research report on Wednesday, September 7th. Zacks Investment Research raised shares of Diageo PLC from a “sell” rating to a “hold” rating in a research report on Wednesday, September 14th. Bank of America Corp. reissued a “buy” rating on shares of Diageo PLC in a research report on Friday, September 16th. Liberum Capital initiated coverage on shares of Diageo PLC in a research report on Monday, October 3rd. They set a “hold” rating on the stock. Finally, initiated coverage on shares of Diageo PLC in a research report on Thursday, October 6th. They set a “buy” rating and a $130.00 target price on the stock.

Institutional investors have recently bought and sold shares of the stock. Renaissance Technologies LLC boosted its position in Diageo PLC by 64.6% in the first quarter. Renaissance Technologies LLC now owns 143,000 shares of the company’s stock valued at $15,425,000 after buying an additional 56,100 shares in the last quarter. A.R.T. Advisors LLC boosted its position 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. boosted its position 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. boosted its position 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. boosted its position 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 13.52% of the company’s stock.

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Shares of Diageo PLC (NYSE:DEO) opened at 102.09 on Friday. The stock has a 50 day moving average of $105.37 and a 200-day moving average of $110.35. Diageo PLC has a 52 week low of $99.46 and a 52 week high of $117.84. The stock has a market capitalization of $64.07 billion, a PE ratio of 23.24 and a beta of 0.80.

About Diageo PLC

Diageo PLC is an alcoholic beverage company. The Company operates in various categories, including spirits and beer. Its geographic segments include North America; Europe, Russia and Turkey; Africa; Latin America and Caribbean, and Asia Pacific. Its principal products includes Scotch whisky, Gin, Vodka, Rum, Beer, Irish Cream Liqueur, Wine, Raki, Tequila, Canadian Whisky, American Whiskey, Progressive Adult Beverages, Cachaca, Brandy and Ready to Drink.

5 Day Chart for NYSE:DEO

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