Following these proceedings, Berenberg initiated its Diageo plc ADR [DEO] rating to a Buy in a research note published recently. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who increased its forecast for the stock in early March from “a Sell” to “a Hold”. UBS also remained covering DEO and has increased its forecast on December 11, 2024 with a “Buy” recommendation from previously “Sell” rating. Jefferies revised its rating on December 05, 2024. It rated DEO as “a Buy” which previously was an “a Hold”.
Price Performance Review of DEO
On Tuesday, Diageo plc ADR [NYSE:DEO] saw its stock jump 2.43% to $112.37. Over the last five days, the stock has gained 1.60%. Diageo plc ADR shares have fallen nearly -11.61% since the year began. Nevertheless, the stocks have fallen -20.19% over the past one year. While a 52-week high of $144.27 was reached on 01/02/25, a 52-week low of $100.72 was recorded on 04/07/25. SMA at 50 days reached $108.13, while 200 days put it at $122.34.
Levels Of Support And Resistance For DEO Stock
The 24-hour chart illustrates a support level at 111.78, which if violated will result in even more drops to 111.19. On the upside, there is a resistance level at 113.02. A further resistance level may holdings at 113.67. The Relative Strength Index (RSI) on the 14-day chart is 60.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.11, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.74%. Stochastics %K at 85.83% indicates the stock is a selling.
How much short interest is there in Diageo plc ADR?
A steep rise in short interest was recorded in Diageo plc ADR stocks on 2025-03-31, dropping by -0.39 million shares to a total of 0.37 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 0.76 million shares. There was a decline of -106.17%, which implies that there is a negative sentiment for the stock.
