Recent Investment Analysts’ Ratings Updates for Diageo (DEO)

Several brokerages have updated their recommendations and price targets on shares of Diageo (NYSE: DEO) in the last few weeks:

  • 2/7/2018 – Diageo was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $153.00 price target on the stock. According to Zacks, “Diageo has surpassed the industry in a year driven by solid fundamentals, innovations and focus on expansion. Also, concentration on achieving growth via buyouts has been yielding results. The company has also been striving toward expanding its presence in emerging regions as well as focus on high-margin products. These factors fueled Diageo’s first-half fiscal 2018 results, wherein sales and earnings rose year over year. While the bottom line gained from increased organic operating profit and lower finance costs, the top line was backed by broad-based organic sales. Moreover, margins expanded, courtesy of favorable mix, greater productivity, better pricing and lower input costs. Notably, Diageo expects fiscal 2018 organic net sales to rise in the mid-single digits. However, adverse currency fluctuations and macroeconomic headwinds remain hurdles.”
  • 2/7/2018 – Diageo was upgraded by analysts at Macquarie from an “underperform” rating to a “neutral” rating.
  • 2/6/2018 – Diageo was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Diageo has surpassed the industry in a year driven by solid fundamentals, innovations and focus on expansion. Also, concentration on achieving growth via buyouts has been yielding results. The company has also been striving toward expanding its presence in emerging regions as well as focus on high-margin products. These factors fueled Diageo’s first-half fiscal 2018 results, wherein sales and earnings rose year over year. While the bottom line gained from increased organic operating profit and lower finance costs, the top line was backed by broad-based organic sales. Moreover, margins expanded, courtesy of favorable mix, greater productivity, better pricing and lower input costs. Notably, Diageo expects fiscal 2018 organic net sales to rise in the mid-single digits. However, adverse currency fluctuations remain a hurdle. Also, macroeconomic factors like interest rate hikes and increase in fuel costs may hurt profitability.”
  • 1/29/2018 – Diageo was downgraded by analysts at BNP Paribas from an “outperform” rating to a “neutral” rating.
  • 1/29/2018 – Diageo was downgraded by analysts at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 1/22/2018 – Diageo was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $163.00 price target on the stock. According to Zacks, “Shares of Diageo have outperformed the industry in the past one year, driven by its strong fundamentals, continuous innovation and focus on expansion. Also, the company’s strategic endeavors including growth via acquisitions remain noteworthy. In fact, the buyout of the U.S. fastest-growing premium tequila brand, Casamigos, is expected to boost its market share in the category and is likely to capitalize on the company’s presence in the high-growth international markets. Notably, alcohol stocks are doing well backed by the rising demand for flavored whisky, premium tequilas and spirits. Further the company has been striving toward expanding its presence in emerging regions as well as focus on high-margin products. However, currency fluctuations as well as other macroeconomic factors such as interest rate hikes and increase in fuel and energy costs may also impact the company’s profitability.”
  • 1/19/2018 – Diageo was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of Diageo have outperformed the industry in the past one year, driven by its strong fundamentals, continuous innovation and focus on expansion. Also, the company’s strategic endeavors including growth via acquisitions remain noteworthy. In fact, the buyout of the U.S. fastest-growing premium tequila brand, Casamigos, is expected to boost its market share in the category and is likely to capitalize on the company’s presence in the high-growth international markets. Notably, alcohol stocks are doing well backed by the rising demand for flavored whisky, premium tequilas and spirits. Further the company has been striving toward expanding its presence in emerging regions as well as focus on high-margin products. However, currency fluctuations as well as other macroeconomic factors such as interest rate hikes and increase in fuel and energy costs may also impact the company’s profitability.”
  • 1/12/2018 – Diageo was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of Diageo have outperformed the industry in the past one year, driven by its strong fundamentals, continuous innovation and focus on expansion. Also, the company’s strategic endeavors including growth via acquisitions remain noteworthy. In fact, the buyout of the U.S. fastest-growing premium tequila brand, Casamigos, is expected to boost its market share and is likely to capitalize on the company’s presence in the high-growth international markets. Notably, alcohol stocks are doing well backed by the rising demand for flavored whisky, premium tequilas and spirits. However, currency fluctuations pose a serious concern for the company. Macroeconomic factors such as interest rate hikes and increase in energy costs may also impact the company’s profitability. Further government restrictions on alcohol consumption also act as a formidable threat to the company’s performance.”
  • 1/11/2018 – Diageo was given a new $157.00 price target on by analysts at Jefferies Group LLC. They now have a “buy” rating on the stock.
  • 1/10/2018 – Diageo was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $162.00 price target on the stock. According to Zacks, “Shares of Diageo have outperformed the industry in the past one year, driven by its strong fundamentals, continuous innovation and focus on expansion. Also, the company’s strategic endeavors including growth via acquisitions remain noteworthy. In fact, the buyout of the U.S. fastest-growing premium tequila brand, Casamigos, is expected to boost its market share in the category and is likely to capitalize on the company’s presence in the high-growth international markets.Notably, alcohol stocks are doing well backed by the rising demand for flavored whisky, premium tequilas and spirits. However, currency fluctuations pose a serious concern for the company. Macroeconomic factors such as interest rate hikes and increase in fuel and energy costs may also impact the company’s profitability.”
  • 1/4/2018 – Diageo was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $163.00 price target on the stock. According to Zacks, “Shares of Diageo have outperformed the industry in the past one year, driven by its strong fundamentals, continuous innovation and focus on expansion. Also, the company’s strategic endeavors including growth via acquisitions remain noteworthy. In fact, the buyout of the U.S. fastest-growing premium tequila brand, Casamigos, is expected to boost its market share in the category and is likely to capitalize on the company’s presence in the high-growth international markets.Notably, alcohol stocks are doing well backed by the rising demand for flavored whisky, premium tequilas and spirits. However, currency fluctuations pose a serious concern for the company. Macroeconomic factors such as interest rate hikes and increase in fuel and energy costs may also impact the company’s profitability.”
  • 1/3/2018 – Diageo was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of Diageo have outperformed the industry in the past one year, driven by its strong fundamentals, continuous innovation and focus on expansion. Also, the company’s strategic endeavors including growth via acquisitions remain noteworthy. In fact, the buyout of the U.S. fastest-growing premium tequila brand, Casamigos, is expected to boost its market share in the category and is likely to capitalize on the company’s presence in the high-growth international markets.Notably, alcohol stocks are doing well backed by the rising demand for flavored whisky, premium tequilas and spirits. However, currency fluctuations pose a serious concern for the company. Macroeconomic factors such as interest rate hikes and increase in fuel and energy costs may also impact the company’s profitability.”
  • 12/27/2017 – Diageo was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $160.00 price target on the stock. According to Zacks, “Shares of Diageo have outperformed the industry in the past one year, driven by its strong fundamentals, continuous innovation and focus on expansion. Also, the company’s strategic endeavors including growth via acquisitions remain noteworthy. In fact, the buyout of the U.S. fastest-growing premium tequila brand, Casamigos, is expected to boost its market share in the category and is likely to capitalize on the company’s presence in the high-growth international markets.Notably, alcohol stocks are doing well backed by the rising demand for flavored whisky, premium tequilas and spirits. However, currency fluctuations pose a serious concern for the company. Macroeconomic factors such as interest rate hikes and increase in fuel and energy costs may also impact the company’s profitability.”

Shares of Diageo plc (DEO) opened at $137.07 on Wednesday. The company has a quick ratio of 0.63, a current ratio of 1.31 and a debt-to-equity ratio of 0.69. Diageo plc has a 52 week low of $110.92 and a 52 week high of $147.62. The company has a market cap of $84,520.00, a PE ratio of 19.47, a P/E/G ratio of 2.80 and a beta of 0.71.

The business also recently disclosed a semiannual dividend, which will be paid on Wednesday, April 11th. Investors of record on Friday, February 23rd will be paid a $1.4232 dividend. This represents a dividend yield of 1.96%. The ex-dividend date is Thursday, February 22nd. Diageo’s dividend payout ratio (DPR) is 45.45%.

Diageo PLC is an alcoholic beverage company. The Company operates in various categories, including spirits and beer. Its geographic segments include North America; Europe, Russia and Turkey; Africa; Latin America and Caribbean, and Asia Pacific. Its principal products includes Scotch whisky, Gin, Vodka, Rum, Beer, Irish Cream Liqueur, Wine, Raki, Tequila, Canadian Whisky, American Whiskey, Progressive Adult Beverages, Cachaca, Brandy and Ready to Drink.

Receive News & Ratings for Diageo plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diageo plc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply