Diageo plc (NYSE: DEO) Becomes The New Buzzing Stock: Sports A Monthly Volatility Of 1.18%


Diageo plc (NYSE:DEO) does about 387.26K shares in volume on a normal day but saw 356012 shares change hands in Friday trading. The company now has a market cap of 97.64B USD. Its current market price is $174.45, remained unchanged the previous close of $174.45. The 52 week high reached by this stock is $212.33 whilst the lowest price level in 52 weeks is $160.09. The script in recent trading has seen the stock touch a high of $174.85 and a low of $172.76.

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Diageo plc (DEO) has a 20-day trading average at $175.67 and the current price is -17.84% off the 52-week high compared with 8.97% distance from its 52-week low. The 50-day simple moving average of the closing price is $179.40 and its 200-day simple moving average is $178.39. If we look at the stock’s price movements over the week, volatility stands at 1.18%, which increases to 1.18% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 45.00 to suggest the stock is neutral.

23 analysts observing the Diageo plc (DEO) stock have set the 12-month price targets for the company’s shares at between $130.97 and $252.05. The consensus objective for the share price is $199.46, suggesting that the stock has a potential upside of 12.54% over the period. The median price target is 14.23% away from the current levels at $203.40.

FactSet Research has provided data showing that 23 brokerages have issued ratings for the stock. 2 analysts have rated it as a sell, while 2 advise that it is a overweight. 12 analysts have rated it as a buy and 6 have advised that investors hold their positions. The consensus recommendation rating is Overweight and Wall Street’s advice is for investors to Strong Buy the stock.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 06, 2023 when Bernstein upgraded the stock to “Outperform” and issued a price target of between $215 and $225.

The current price level is -1.02%, -2.91%, and -2.28% away from its SMA20, SMA50, and SMA200 respectively, with the DEO price moving above the 50-day SMA on February 17. Diageo plc (DEO) stock is up 1.93% over the week and -5.50% over the past month. Its price is -2.10% year-to-date and -12.20% over the past year.

The company’s next earnings report is expected on 05/31/2023.

Its 12-month price target is $203.40. To reach the target analysts have set, the stock logically needs to grow 12.54 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $130.97, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $252.05.

Outstanding shares total 568.50M with insiders holding 0.01% of the shares and institutional holders owning 9.45% of the company’s common stock. The company has a return on investment of 13.60% and return on equity of 47.00%. The price to earnings ratio (P/E ratio) amounts to 23.04. The beta has a value of 0.66. Price to book ratio is 10.05 and price to sales ratio is 4.76.

First Trust Value Line Dividend I isn’t the only investment manager who changed stakes and is followed by ClearBridge Aggressive Growth Fun, which added 0.12 million shares to end up with 377,617 shares worth $66.78 million.


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