RBC Capital Reaffirms Underperform Rating for Diageo plc (DEO)
DEO has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an “overweight” rating on shares of Diageo plc in a research note on Tuesday. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Diageo plc in a research note on Friday, August 8th. Finally, analysts at Canaccord Genuity reiterated a “sell” rating on shares of Diageo plc in a research note on Friday, August 8th. Five analysts have rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $125.00.
Shares of Diageo plc (NYSE:DEO) traded up 0.53% during mid-day trading on Wednesday, hitting $118.78. 442,723 shares of the company’s stock traded hands. Diageo plc has a one year low of $114.51 and a one year high of $134.08. The stock has a 50-day moving average of $121. and a 200-day moving average of $124.1. The company has a market cap of $74.274 billion and a price-to-earnings ratio of 19.96.
The company also recently announced a special dividend, which is scheduled for Tuesday, October 7th. Investors of record on Friday, August 15th will be paid a dividend of $2.158 per share. This represents a dividend yield of 2.19%. The ex-dividend date is Wednesday, August 13th.
Diageo plc (NYSE:DEO) is engaged in drinks business.
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