Jefferies Believes Diageo Plc (NYSE: DEO) Won’t Stop Here

By Jason Carr

Jefferies analyst Ed Mundy reiterated a Buy rating on Diageo Plc (NYSE: DEO) yesterday and set a price target of $157. The company’s shares closed yesterday at $143.99, close to its 52-week high of $147.06.

According to, Mundy is a 3-star analyst with an average return of 13.2% and a 92.3% 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 Moderate Buy, with a price target consensus of $157.

Diageo Plc’s market cap is currently $90.38B and has a P/E ratio of 26.67. The company has a book value ratio of 6.7529.

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Diageo Plc engages in the production and distribution of alcoholic beverages. 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.