Jefferies Group LLC set a $142.00 price objective on Diageo PLC (NYSE:DEO) in a research report report published on Thursday morning. The firm currently has a buy rating on the stock.

Several other equities research analysts have also commented on DEO. Goldman Sachs Group, Inc. (The) lowered shares of Diageo PLC from a neutral rating to a sell rating in a research report on Thursday, March 30th. Zacks Investment Research lowered shares of Diageo PLC from a hold rating to a sell rating in a research report on Thursday, April 6th. Citigroup Inc. lowered shares of Diageo PLC from a buy rating to a neutral rating in a research report on Thursday, May 25th. BidaskClub lowered shares of Diageo PLC from a buy rating to a hold rating in a research report on Friday, June 9th. Finally, Societe Generale upgraded shares of Diageo PLC from a hold rating to a buy rating in a research report on Monday, June 26th. Four equities research analysts have rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the stock. The company has a consensus rating of Hold and an average price target of $141.67.

Shares of Diageo PLC (DEO) opened at 130.80 on Thursday. Diageo PLC has a 12 month low of $99.46 and a 12 month high of $130.82. The stock has a 50 day moving average of $120.73 and a 200-day moving average of $116.74. The firm has a market capitalization of $82.18 billion, a PE ratio of 23.90 and a beta of 0.74.

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DEO. Carroll Financial Associates Inc. increased its position in Diageo PLC by 2.7% in the first quarter. Carroll Financial Associates Inc. now owns 1,622 shares of the company’s stock worth $187,000 after buying an additional 43 shares in the last quarter. Country Club Trust Company n.a. increased its position in Diageo PLC by 9.6% in the first quarter. Country Club Trust Company n.a. now owns 70,538 shares of the company’s stock worth $8,153,000 after buying an additional 6,202 shares in the last quarter. Newman Dignan & Sheerar Inc. bought a new position in Diageo PLC during the first quarter worth approximately $207,000. Quadrant Capital Group LLC increased its position in Diageo PLC by 429.2% in the first quarter. Quadrant Capital Group LLC now owns 1,249 shares of the company’s stock worth $137,000 after buying an additional 1,013 shares in the last quarter. Finally, Addenda Capital Inc. bought a new position in Diageo PLC during the first quarter worth approximately $229,000. Institutional investors own 12.10% of the company’s stock.

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.

Analyst Recommendations for Diageo PLC (NYSE:DEO)

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