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Diageo (DGEAF) Gets a Buy from Barclays

Tipranks - Tipranks - Fri Mar 27, 2:40AM CDT

In a report released today, Laurence Whyatt from Barclays maintained a Buy rating on Diageo, with a price target of £23.60.

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Whyatt covers the Consumer Defensive sector, focusing on stocks such as Diageo, Coca Cola HBC, and Davide Campari-Milano SpA. According to TipRanks, Whyatt has an average return of 2.3% and a 47.78% success rate on recommended stocks.

In addition to Barclays, Diageo also received a Buy from Jefferies’s Ed Mundy in a report issued yesterday. However, today, TipRanks – Google reiterated a Hold rating on Diageo (Other OTC: DGEAF).

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DGEAF market cap is currently £30.62B and has a P/E ratio of 5.98.

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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