Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

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

Tipranks - Thu Mar 19, 2:46AM CDT

In a report released today, James Edwardes Jones from RBC Capital maintained a Buy rating on Diageo, with a price target of £20.00.

Claim 70% Off TipRanks Premium

Edwardes Jones covers the Consumer Defensive sector, focusing on stocks such as Diageo, Reckitt, and Heineken NV. According to TipRanks, Edwardes Jones has an average return of 4.4% and a 66.17% success rate on recommended stocks.

In addition to RBC Capital, Diageo also received a Buy from Barclays’s Laurence Whyatt in a report issued on March 2. However, today, J.P. Morgan maintained a Hold rating on Diageo (Other OTC: DGEAF).

DGEAF market cap is currently £32.26B and has a P/E ratio of 5.98.

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.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.