Shares of Diageo PLC (NYSE:DEO) have received a consensus rating of “Hold” from the fifteen ratings firms that are currently covering the stock. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and seven have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $137.71.

A number of research firms have recently weighed in on DEO. HSBC raised Diageo PLC from a “hold” rating to a “buy” rating in a research note on Wednesday, October 26th. Jefferies Group reaffirmed a “buy” rating on shares of Diageo PLC in a research report on Tuesday, October 18th. reaffirmed an “outperform” rating on shares of Diageo PLC in a research report on Wednesday, October 5th. Zacks Investment Research lowered Diageo PLC from a “hold” rating to a “strong sell” rating in a research report on Wednesday, October 5th. Finally, Liberum Capital began coverage on Diageo PLC in a research report on Monday, October 3rd. They set a “hold” rating for the company.

Diageo PLC (NYSE:DEO) traded up 1.14% on Friday, hitting $101.84. The stock had a trading volume of 392,597 shares. The company has a market cap of $63.91 billion, a P/E ratio of 22.98 and a beta of 0.80. The stock has a 50 day moving average price of $106.25 and a 200 day moving average price of $110.45. Diageo PLC has a 1-year low of $99.46 and a 1-year high of $117.84.

Several hedge funds have recently bought and sold shares of the company. LVM Capital Management Ltd. MI increased its stake in Diageo PLC by 31.4% in the third quarter. LVM Capital Management Ltd. MI now owns 3,350 shares of the company’s stock valued at $426,000 after buying an additional 800 shares during the last quarter. Grandfield & Dodd LLC increased its stake in Diageo PLC by 8.9% in the second quarter. Grandfield & Dodd LLC now owns 142,003 shares of the company’s stock valued at $16,029,000 after buying an additional 11,569 shares during the last quarter. Douglas Lane & Associates LLC increased its stake in Diageo PLC by 1.8% in the second quarter. Douglas Lane & Associates LLC now owns 432,725 shares of the company’s stock valued at $48,846,000 after buying an additional 7,767 shares during the last quarter. Dorsey & Whitney Trust CO LLC increased its stake in Diageo PLC by 7.6% in the second quarter. Dorsey & Whitney Trust CO LLC now owns 5,345 shares of the company’s stock valued at $604,000 after buying an additional 377 shares during the last quarter. Finally, Confluence Investment Management LLC increased its stake in Diageo PLC by 9.5% in the second quarter. Confluence Investment Management LLC now owns 678,279 shares of the company’s stock valued at $76,564,000 after buying an additional 59,021 shares during the last quarter. Institutional investors own 11.85% of the company’s stock.

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About Diageo PLC

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.

5 Day Chart for NYSE:DEO

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