Diageo plc (NYSE:DEO) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $170.94 and last traded at $169.91, with a volume of 242472 shares. The stock had previously closed at $169.10.
DEO has been the topic of several recent research reports. Zacks Investment Research raised Diageo from a “sell” rating to a “hold” rating in a research report on Friday, January 18th. Liberum Capital raised Diageo from a “sell” rating to a “hold” rating in a research report on Thursday, January 31st. Investec cut Diageo from a “hold” rating to a “sell” rating in a research report on Monday, March 25th. Finally, Barclays initiated coverage on Diageo in a research report on Monday, April 1st. They set an “overweight” rating on the stock. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $164.75.
The company has a debt-to-equity ratio of 0.94, a current ratio of 1.48 and a quick ratio of 0.73. The stock has a market capitalization of $103.57 billion, a price-to-earnings ratio of 26.76, a price-to-earnings-growth ratio of 2.95 and a beta of 0.54.
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About Diageo (NYSE:DEO)
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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