Deutsche Bank Keeps a Sell Rating on Diageo (DGEAF)

In a report released today, Mitch Collett from Deutsche Bank maintained a Sell rating on Diageo (DGEAFResearch Report), with a price target of £33.00. The company’s shares closed last Thursday at $46.09.

Collett has an average return of 6.6% when recommending Diageo.

According to TipRanks.com, Collett is ranked #6335 out of 7984 analysts.

Diageo has an analyst consensus of Moderate Buy, with a price target consensus of $52.48, which is a 14.1% upside from current levels. In a report released yesterday, RBC Capital also maintained a Sell rating on the stock with a £30.00 price target.

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The company has a one-year high of $56.10 and a one-year low of $40.98. Currently, Diageo has an average volume of 14.77K.

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Diageo Plc engages in the production and distribution of alcoholic beverages. Its brands include Johnnie Walker, Crown Royal, JeB, Buchanan’s, Windsor and Bushmills whiskies, Smirnoff, Ciroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray, and Guinness. It operates through the following geographical segments: North America; Europe and Turkey; Africa; Latin America and Caribbean; Asia Pacific; ISC; and Corporate and Other. The company was founded on October 21, 1886 and is headquartered in London, the United Kingdom.

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