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Enter Symbol:
Rating: DEO
Outperform
up 8.00 %

Diageo Plc (NYSE: DEO) upgraded to Outperform by RBC Capital Mkts

Monday,  Jun 15, 2015  8:25 AM ET by Betsy O'Brien Harrison

RBC Capital Mkts upgraded Diageo Plc (NYSE: DEO) to Outperform. Previously RBC Capital Mkts upgraded to Diageo Plc (NYSE: DEO) to Underperform
on 02/28/2014, when the stock price was $125.71. Since then, Diageo Plc's stock price has lost 8% as of 06/15/2015's recent price of $116.00.
If you would have followed the previous RBC Capital Mkts's recommendation on DEO, you would have gained 8% of your investment in 472 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.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.



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