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Jefferies Sticks to Their Buy Rating for Diageo (DGEAF)

Tipranks - Tipranks - Thu May 7, 8:12AM CDT

Jefferies analyst Ed Mundy maintained a Buy rating on Diageo today and set a price target of £19.00.

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Mundy covers the Consumer Defensive sector, focusing on stocks such as Diageo, Coca Cola HBC, and Coca-Cola Europacific Partners. According to TipRanks, Mundy has an average return of 0.0% and a 47.43% success rate on recommended stocks.

In addition to Jefferies, Diageo also received a Buy from Bernstein’s Trevor Stirling in a report issued today. However, on the same day, J.P. Morgan maintained a Hold rating on Diageo (Other OTC: DGEAF).

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The company has a one-year high of p2,215.00 and a one-year low of p1,350.00. Currently, Diageo has an average volume of 7.46M.

Based on the recent corporate insider activity of 137 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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