Diageo plc Given “Sell” Rating at Canaccord Genuity (DEO)
DEO has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated an “underperform” rating on shares of Diageo plc in a research note on Wednesday, August 27th. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Diageo plc in a research note on Tuesday, August 26th. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Diageo plc in a research note on Friday, August 8th. Five investment analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $125.00.
Shares of Diageo plc (NYSE:DEO) traded up 0.52% during mid-day trading on Wednesday, hitting $120.53. 666,237 shares of the company’s stock traded hands. Diageo plc has a 52-week low of $114.51 and a 52-week high of $134.08. The stock has a 50-day moving average of $120.3 and a 200-day moving average of $124.1. The company has a market cap of $75.368 billion and a price-to-earnings ratio of 20.24.
The company also recently declared a special dividend, which is scheduled for Tuesday, October 7th. Shareholders of record on Friday, August 15th will be given a dividend of $2.158 per share. This represents a yield of 2.19%. The ex-dividend date of this dividend is Wednesday, August 13th.
Diageo plc (NYSE:DEO) is engaged in drinks business.
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