RBC Capital Sticks to Its Buy Rating for Diageo (DGEAF)
In a report released today, James Edwardes Jones from RBC Capital maintained a Buy rating on Diageo, with a price target of £20.00.
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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.
Read More on DGEAF:
Disclaimer & DisclosureReport an Issue
- Diageo Grants New Long-Term Incentive Awards to CEO and Executive Committee Member
- Diageo Updates Debt Programme Prospectus to Support Ongoing Market Issuance
- Diageo Executives Receive Matching Shares Under Long-Running Incentive Plan
- Diageo Executives Disclose Routine Share Transactions After Incentive Awards Vest
- Diageo Chair Increases Stake with Share Purchase Disclosure
