Diageo PLC (NYSE:DEO)‘s stock had its “buy” rating reissued by analysts at Jefferies Group in a report released on Tuesday.

Several other research analysts have also recently weighed in on the stock. initiated coverage on shares of Diageo PLC in a research note on Thursday, October 6th. They set a “buy” rating and a $130.00 price target on the stock. Liberum Capital initiated coverage on shares of Diageo PLC in a research note on Monday, October 3rd. They set a “hold” rating on the stock. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Diageo PLC in a research note on Wednesday, September 7th. Zacks Investment Research upgraded shares of Diageo PLC from a “sell” rating to a “hold” rating in a research note on Wednesday, September 14th. Finally, HSBC upgraded shares of Diageo PLC from a “hold” rating to a “buy” rating in a research note on Wednesday, October 26th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the company’s stock. Diageo PLC currently has an average rating of “Hold” and an average price target of $135.78.

Analyst Recommendations for Diageo PLC (NYSE:DEO)

Shares of Diageo PLC (NYSE:DEO) opened at 101.80 on Tuesday. The firm’s 50-day moving average is $105.37 and its 200 day moving average is $110.35. Diageo PLC has a 52-week low of $99.46 and a 52-week high of $117.84. The stock has a market capitalization of $63.89 billion, a price-to-earnings ratio of 23.18 and a beta of 0.80.

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A number of hedge funds have recently made changes to their positions in the stock. Renaissance Technologies LLC increased its stake in Diageo PLC by 64.6% in the first quarter. Renaissance Technologies LLC now owns 143,000 shares of the company’s stock worth $15,425,000 after buying an additional 56,100 shares during the period. A.R.T. Advisors LLC increased its stake in Diageo PLC by 327.1% in the first quarter. A.R.T. Advisors LLC now owns 9,532 shares of the company’s stock worth $1,028,000 after buying an additional 7,300 shares during the period. Logan Capital Management Inc. increased its stake in Diageo PLC by 4.3% in the first quarter. Logan Capital Management Inc. now owns 2,330 shares of the company’s stock worth $251,000 after buying an additional 95 shares during the period. First Republic Investment Management Inc. increased its stake in Diageo PLC by 18.2% in the first quarter. First Republic Investment Management Inc. now owns 72,686 shares of the company’s stock worth $7,841,000 after buying an additional 11,209 shares during the period. Finally, Kistler Tiffany Companies LLC increased its stake in Diageo PLC by 3.8% in the second quarter. Kistler Tiffany Companies LLC now owns 1,841 shares of the company’s stock worth $208,000 after buying an additional 68 shares during the period. Institutional investors own 13.52% of the company’s stock.

Diageo PLC Company Profile

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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