Diageo (DGEAF) Receives a Buy from Deutsche Bank
Deutsche Bank analyst Mitch Collett maintained a Buy rating on Diageo today and set a price target of £17.00.
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According to TipRanks, Collett is a 4-star analyst with an average return of 4.4% and a 63.04% success rate. Collett covers the Consumer Defensive sector, focusing on stocks such as Diageo, Coca-Cola Europacific Partners, and Davide Campari-Milano SpA.
In addition to Deutsche Bank , Diageo also received a Buy from Barclays’s Laurence Whyatt in a report issued today. However, on July 7, UBS maintained a Hold rating on Diageo (Other OTC: DGEAF).
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 132 insiders, corporate insider sentiment is neutral on the stock.
Read More on DGEAF:
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