Somewhat Positive News Coverage Somewhat Unlikely to Impact Diageo PLC (DEO) Stock Price
Press coverage about Diageo PLC (NYSE:DEO) has been trending somewhat positive on Wednesday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Diageo PLC earned a news impact score of 0.13 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.5875471232417 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Change to Diageo Board of Directors (webwire.com)
- Diageo PLC (DEO) Stake Held by Baker Ellis Asset Management LLC (expressnewsline.com)
- Pulling the Curtain Back on Diageo PLC (DEO) – Evergreen Caller (evergreencaller.com)
- Diageo CEO’s Pay Cut by 1.1 Million Pounds as Performance Lags (finance.yahoo.com)
- Diageo PLC (NYSE:DEO) Receives Average Rating of “Hold” from Brokerages (americanbankingnews.com)
Several research analysts have recently issued reports on DEO shares. Zacks Investment Research raised Diageo PLC from a “sell” rating to a “hold” rating in a research report on Wednesday, April 12th. Societe Generale raised Diageo PLC from a “hold” rating to a “buy” rating in a research report on Monday, June 26th. BidaskClub raised Diageo PLC from a “hold” rating to a “buy” rating in a research report on Wednesday, June 21st. Citigroup Inc. lowered Diageo PLC from a “buy” rating to a “neutral” rating in a research report on Thursday, May 25th. Finally, Jefferies Group LLC set a $120.00 target price on Diageo PLC and gave the stock a “buy” rating in a research report on Friday, April 21st. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company’s stock. Diageo PLC currently has an average rating of “Hold” and an average target price of $141.67.
Diageo PLC (NYSE:DEO) traded up 0.14% during trading on Wednesday, hitting $130.71. The stock had a trading volume of 389,506 shares. The company’s 50 day moving average is $122.27 and its 200 day moving average is $117.51. The firm has a market cap of $82.12 billion, a PE ratio of 23.44 and a beta of 0.76. Diageo PLC has a 52-week low of $99.46 and a 52-week high of $132.24.
The company also recently announced a semiannual dividend, which will be paid on Wednesday, October 11th. Investors of record on Friday, August 11th will be given a $2.0322 dividend. This represents a dividend yield of 3.12%. This is an increase from Diageo PLC’s previous semiannual dividend of $1.19. The ex-dividend date of this dividend is Wednesday, August 9th.
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.
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