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Diageo (DGEAF) Gets a Hold from J.P. Morgan

Tipranks - Tipranks - Thu Mar 19, 1:58AM CDT

In a report released today, Celine Pannuti CFA from J.P. Morgan maintained a Hold rating on Diageo, with a price target of £18.00.

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Pannuti CFA covers the Consumer Defensive sector, focusing on stocks such as L’Oreal, DANONE SA, and Henkel AG & Co. KGaA. According to TipRanks, Pannuti CFA has an average return of -2.1% and a 41.78% success rate on recommended stocks.

In addition to J.P. Morgan, Diageo also received a Hold from TD Cowen’s Robert Moskow in a report issued on March 3. However, on March 4, RBC Capital maintained a Buy rating on Diageo (Other OTC: DGEAF).

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The company has a one-year high of p2,215.00 and a one-year low of p1,420.50. Currently, Diageo has an average volume of 6.3M.

Based on the recent corporate insider activity of 137 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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