Diageo plc (NYSE:DEO) Given Average Recommendation of “Reduce” by Brokerages

Diageo plc (NYSE:DEO – Get Free Report) has received a consensus recommendation of “Reduce” from the eight analysts that are currently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. Several research [...]

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Diageo plc ( NYSE:DEO – Get Free Report ) has received a consensus recommendation of “Reduce” from the eight analysts that are currently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company.

Several research analysts have recently weighed in on DEO shares. The Goldman Sachs Group downgraded shares of Diageo from a “neutral” rating to a “sell” rating in a research note on Friday, July 12th. Royal Bank of Canada upgraded shares of Diageo from an “underperform” rating to a “sector perform” rating in a research note on Monday, August 12th.



Citigroup upgraded shares of Diageo from a “neutral” rating to a “buy” rating in a research note on Wednesday, July 3rd. Finally, Bank of America upgraded shares of Diageo from a “neutral” rating to a “buy” rating in a research note on Thursday, September 12th. Get Our Latest Analysis on Diageo Institutional Inflows and Outflows Diageo Stock Performance Diageo stock opened at $132.

92 on Monday. Diageo has a 52-week low of $119.48 and a 52-week high of $161.

64. The firm has a fifty day moving average of $129.17 and a 200-day moving average of $135.

59. The company has a debt-to-equity ratio of 1.62, a current ratio of 1.

53 and a quick ratio of 0.55. Diageo Dividend Announcement The firm also recently declared a semi-annual dividend, which will be paid on Thursday, October 17th.

Stockholders of record on Friday, August 30th will be given a $1.62 dividend. The ex-dividend date is Friday, August 30th.

This represents a dividend yield of 3.2%. Diageo Company Profile ( Get Free Report Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages.

The company offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavored malt beverages. It also provides Chinese, Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as flavored malt beverages, ready to drink, and non-alcoholic products. Read More Receive News & Ratings for Diageo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diageo and related companies with MarketBeat.

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