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Positive Report for Diageo (DGEAF) from Deutsche Bank

Tipranks - Tipranks - Wed Apr 1, 3:12AM CDT

In a report released today, Mitch Collett from Deutsche Bank upgraded Diageo to a Buy, with a price target of £16.50.

End of Quarter Sale - 50% Off TipRanks

Collett covers the Consumer Defensive sector, focusing on stocks such as Diageo, Heineken NV, and Pernod Ricard. According to TipRanks, Collett has an average return of 4.0% and a 62.64% success rate on recommended stocks.

In addition to Deutsche Bank , Diageo also received a Buy from Barclays’s Laurence Whyatt in a report issued on March 26. However, today, TipRanks – OpenAI reiterated a Hold rating on Diageo (Other OTC: DGEAF).

See the top stocks recommended by analysts >>

DGEAF market cap is currently £31.18B and has a P/E ratio of 5.98.

Based on the recent corporate insider activity of 139 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.

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