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Berenberg Bank Reaffirms Their Buy Rating on Diageo (DGEAF)

Tipranks - Tipranks - Sat Jun 27, 1:08AM CDT

In a report released today, Javier Gonzalez Lastra from Berenberg Bank maintained a Buy rating on Diageo, with a price target of £22.23.

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According to TipRanks, Gonzalez Lastra is ranked #3128 out of 12266 analysts.

In addition to Berenberg Bank, Diageo also received a Buy from TD Cowen’s Robert Moskow in a report issued yesterday. However, on June 9, Morgan Stanley maintained a Sell rating on Diageo (Other OTC: DGEAF).

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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 144 insiders, corporate insider sentiment is neutral on the stock.

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