Kepler Capital Markets lowered shares of Diageo (NYSE:DEO) from a buy rating to a hold rating in a report issued on Tuesday morning, Briefing.com Automated Import reports.

DEO has been the subject of several other reports. Zacks Investment Research upgraded GALP ENERGIA SG/ADR from a sell rating to a hold rating in a report on Monday, May 27th. Barclays restated a sell rating on shares of easyJet in a report on Monday, April 1st. Finally, Investec upgraded Standard Chartered from a hold rating to a buy rating in a report on Monday, March 25th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company’s stock. Diageo presently has an average rating of Hold and a consensus target price of $171.33.

Shares of Diageo stock opened at $172.53 on Tuesday. Diageo has a 1 year low of $131.43 and a 1 year high of $176.07. The stock has a 50-day simple moving average of $171.59. The company has a market capitalization of $105.14 billion, a P/E ratio of 27.17, a P/E/G ratio of 2.98 and a beta of 0.49. The company has a quick ratio of 0.73, a current ratio of 1.48 and a debt-to-equity ratio of 0.94.

Several hedge funds have recently bought and sold shares of the company. Acima Private Wealth LLC boosted its position in shares of Diageo by 29.3% during the first quarter. Acima Private Wealth LLC now owns 265 shares of the company’s stock worth $43,000 after buying an additional 60 shares during the period. Grove Bank & Trust boosted its position in shares of Diageo by 3.2% during the first quarter. Grove Bank & Trust now owns 1,996 shares of the company’s stock worth $326,000 after buying an additional 61 shares during the period. Marietta Wealth Management LLC boosted its position in shares of Diageo by 2.1% during the first quarter. Marietta Wealth Management LLC now owns 3,016 shares of the company’s stock worth $493,000 after buying an additional 61 shares during the period. Capital Insight Partners LLC boosted its position in shares of Diageo by 0.7% during the first quarter. Capital Insight Partners LLC now owns 8,739 shares of the company’s stock worth $1,430,000 after buying an additional 65 shares during the period. Finally, Moody National Bank Trust Division boosted its position in shares of Diageo by 0.6% during the first quarter. Moody National Bank Trust Division now owns 10,772 shares of the company’s stock worth $1,762,000 after buying an additional 65 shares during the period. 10.38% of the stock is owned by institutional investors.

Diageo Company Profile

Diageo plc, together with its subsidiaries, produces, markets, and sells alcoholic beverages worldwide. The company offers a collection of brands across spirits, beer, cider, and wine categories. Its brands include Johnnie Walker, Crown Royal, J&B, Buchanan's and Windsor whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Bundaberg, McDowell's No.

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Analyst Recommendations for Diageo (NYSE:DEO)

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