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J.P. Morgan Sticks to Their Hold Rating for Diageo (DGEAF)

Tipranks - Tipranks - Thu Mar 26, 9:00AM CDT

J.P. Morgan analyst Celine Pannuti CFA maintained a Hold rating on Diageo today and set a price target of £18.00.

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Pannuti CFA covers the Consumer Defensive sector, focusing on stocks such as DANONE SA, L’Oreal, and Nestlé SA. 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 UBS’s Sanjeet Aujla in a report issued today. However, on the same day, 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 p1,350.00. Currently, Diageo has an average volume of 6.83M.

Based on the recent corporate insider activity of 139 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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