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RBC Capital Sticks to Its Buy Rating for Diageo (DGEAF)

Tipranks - Tipranks - Wed May 27, 3:08PM CDT

RBC Capital analyst James Edwardes Jones maintained a Buy rating on Diageo today and set a price target of £20.00.

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According to TipRanks, Edwardes Jones is a 4-star analyst with an average return of 4.4% and a 66.03% success rate. Edwardes Jones covers the Consumer Defensive sector, focusing on stocks such as Diageo, Unilever, and Reckitt.

In addition to RBC Capital, Diageo also received a Buy from Barclays’s Laurence Whyatt in a report issued on May 22. However, on May 12, J.P. Morgan maintained a Hold rating on Diageo (Other OTC: DGEAF).

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The company has a one-year high of p2,142.00 and a one-year low of p1,350.00. Currently, Diageo has an average volume of 7.16M.

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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