Jefferies Thinks Diageo Plc’s Stock is Going to Recover

By Austin Angelo

Jefferies analyst Ed Mundy maintained a Buy rating on Diageo Plc (NYSE: DEO) on November 25. The company’s shares closed yesterday at $101.80, close to its 52-week low of $99.46.

According to TipRanks.com, Mundy is a 1-star analyst with an average return of -11.7% and a 0.0% success rate. Mundy covers the Consumer Goods sector, focusing on stocks such as Constellation Brands Inc, Anheuser-Busch Inbev Sa, and Boston Beer.

Diageo Plc has an analyst consensus of Strong Buy.

Diageo Plc’s market cap is currently $63.88B and has a P/E ratio of 19.17. The company has a book value ratio of 5.6020.

Diageo Plc engages in the production and distribution of alcoholic beverages. It operates through the following geographical segments: North America; Europe; Africa; Latin America and Caribbean; and Asia Pacific and Corporate. Its products are offered under brands which 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 owns manufacturing production facilities, including maltings, distilleries, breweries, packaging plants, maturation warehouses, cooperages, vineyards, wineries and distribution warehouses. The company was founded in December 1997 and is headquartered in London, the United Kingdom.