News headlines about Diageo PLC (NYSE:DEO) have been trending positive recently, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Diageo PLC earned a coverage optimism score of 0.35 on Accern’s scale. Accern also gave press coverage about the company an impact score of 88 out of 100, meaning that recent press coverage is very likely to have an effect on the company’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern’s analysis:
- Head to Head Survey: Brown Forman Corporation (BF.A) and Diageo PLC (NYSE:DEO) (americanbankingnews.com)
- Callaway Golf Company (ELY) is at $12.69 per share and Diageo plc (DEO) is listed at $118.29 – Stocks Gallery (stocksgallery.com)
- Cuts Stake in Diageo PLC (DEO) (footballhebdo.com)
- Kernodle & Katon Asset Management Group LLC Reduces Position in Diageo PLC (DEO) (hoyentv.com)
- The HighTower Advisors LLC Purchases 4870 Shares of Diageo PLC (NYSE:DEO) (campdesrecrues.com)
Diageo PLC (NYSE:DEO) traded up 0.6570% during midday trading on Monday, hitting $119.0672. 181,487 shares of the stock traded hands. The company’s 50-day moving average is $121.06 and its 200-day moving average is $114.44. Diageo PLC has a one year low of $99.46 and a one year high of $123.48. The company has a market cap of $74.74 billion, a PE ratio of 24.5196 and a beta of 0.74.
Several analysts recently weighed in on the stock. BidaskClub upgraded shares of Diageo PLC from a “hold” rating to a “buy” rating in a report on Wednesday, June 21st. Citigroup Inc. downgraded shares of Diageo PLC from a “buy” rating to a “neutral” rating in a report on Thursday, May 25th. Jefferies Group LLC set a $142.00 price target on shares of Diageo PLC and gave the stock a “buy” rating in a research note on Saturday, June 17th. Societe Generale upgraded shares of Diageo PLC from a “hold” rating to a “buy” rating in a research note on Monday, June 26th. Finally, Zacks Investment Research upgraded shares of Diageo PLC from a “sell” rating to a “hold” rating in a research note on Wednesday, April 12th. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $136.00.
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About Diageo PLC
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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