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Kepler Capital Keeps Their Buy Rating on Diageo (DGEAF)

Tipranks - Sat May 23, 8:44PM CDT

In a report released on May 21, Richard Withagen from Kepler Capital maintained a Buy rating on Diageo, with a price target of p2,300.00. The company’s shares closed yesterday at p1,585.50.

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According to TipRanks, Withagen is ranked #11445 out of 12208 analysts.

Diageo has an analyst consensus of Moderate Buy, with a price target consensus of p0.19, implying a -99.99% downside from current levels. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a £23.20 price target.

Based on Diageo’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p10.51 billion and a net profit of p2 billion. In comparison, last year the company earned a revenue of p10.9 billion and had a net profit of p1.94 billion

Based on the recent corporate insider activity of 141 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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