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Jefferies Sticks to Its Buy Rating for Diageo (DGEAF)

Tipranks - Tipranks - Tue Jun 9, 2:04AM CDT

Jefferies analyst Ed Mundy maintained a Buy rating on Diageo today and set a price target of £20.00.

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According to TipRanks, Mundy is a 2-star analyst with an average return of 0.2% and a 46.55% success rate. Mundy covers the Consumer Defensive sector, focusing on stocks such as Diageo, Coca Cola HBC, and Fevertree Drinks.

In a report released on June 5, Berenberg Bank also maintained a Buy rating on the stock with a £22.30 price target.

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DGEAF market cap is currently £33.24B and has a P/E ratio of 18.25.

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.

Read More on DGEAF:

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