Diageo (DEO) Getting Somewhat Positive Media Coverage, Analysis Shows

Media headlines about Diageo (NYSE:DEO) have been trending somewhat positive on Monday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Diageo earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.7226389442997 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

A number of research firms recently commented on DEO. Jefferies Group set a $157.00 price objective on Diageo and gave the company a “buy” rating in a report on Thursday, January 11th. Macquarie upgraded Diageo from an “underperform” rating to a “neutral” rating in a report on Wednesday, February 7th. Zacks Investment Research upgraded Diageo from a “hold” rating to a “buy” rating and set a $153.00 price objective on the stock in a report on Wednesday, February 7th. Royal Bank of Canada cut Diageo from an “outperform” rating to a “sector perform” rating in a report on Monday, January 29th. They noted that the move was a valuation call. Finally, BNP Paribas cut Diageo from an “outperform” rating to a “neutral” rating in a report on Monday, January 29th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company. Diageo has a consensus rating of “Hold” and an average target price of $153.75.

Diageo (DEO) traded up $0.14 during trading hours on Monday, reaching $140.50. The company’s stock had a trading volume of 255,493 shares, compared to its average volume of 452,094. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.63 and a current ratio of 1.31. Diageo has a one year low of $110.92 and a one year high of $147.62.

The company also recently declared a semiannual dividend, which will be paid on Wednesday, April 11th. Shareholders of record on Friday, February 23rd will be paid a dividend of $1.4232 per share. This represents a yield of 1.96%. The ex-dividend date is Thursday, February 22nd.

WARNING: “Diageo (DEO) Getting Somewhat Positive Media Coverage, Analysis Shows” was posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this piece on another domain, it was illegally copied and reposted in violation of U.S. & international copyright legislation. The legal version of this piece can be viewed at https://www.chaffeybreeze.com/2018/02/19/diageo-deo-getting-somewhat-positive-media-coverage-analysis-shows.html.

About Diageo

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.

Insider Buying and Selling by Quarter for Diageo (NYSE:DEO)

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.com's FREE daily email newsletter.

Leave a Reply