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Enter Symbol:
 
Diageo Plc (DEO) [hlAlert]

Rating:
Overweight
DEO
up 3.94 %

Diageo Plc (DEO) upgraded to Overweight by JP Morgan

Posted on: Friday,  Jul 19, 2013  8:25 AM ET by JP Morgan

JP Morgan rated Overweight Diageo Plc (NYSE: DEO) on 07/19/2013, when the stock price was $124.26. Since then, Diageo Plc
has gained 3.94% of its value until JP Morgan rated DEO Neutral on 01/16/2014, when the price was $129.16.
If you would have followed this JP Morgan's recommendation on DEO, you would have gained 3.94% of your investment in 181 days.

Diageo plc (Diageo) is engaged in the drinks business with a collection of international brands. Diageo is a participant in the branded beverage alcohol industry and operates worldwide. Diageo produces and distributes a collection of branded premium spirits, beer and wine. The range of premium brands it produces and distributes includes Smirnoff vodka, Johnnie Walker scotch whisky, Baileys Original Irish Cream liqueur, Captain Morgan rum, JeB scotch whisky, Tanqueray gin and Guinness stout. In addition it also has the distribution rights for the Jose Cuervo tequila brands in North America and many other markets. Diageo?s beer brands include the global stout brand, Guinness. Diageo targets its geographical priorities in terms of the major regional economies in which it operates. These markets are managed under four business areas: North America, Europe, International and Asia Pacific. On June 16, 2009, the Company acquired the remaining 80% interest in Stirrings LLC.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/20/2015 10:25 AM Buy
None
117.71
as of 12/13/2013
1 Week down  -2.61 %
1 Month down  -4.26 %
3 Months down  -3.47 %
1 YTD down  -0.81 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/16/2014 8:25 AM Hold
None
129.16
7/19/2013 8:25 AM Buy
None
124.26
12/20/2012 8:25 AM Hold
None
120.41
5/22/2009 8:25 AM Hold
None
53.91
11/9/2007 9:25 AM Sell
None
89.19

(*) Stock Price at the time of the recommendation.
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