Diageo plc (ADR) (DEO) was Upgraded by Societe Generale to ” Hold”. Earlier the firm had a rating of “Sell ” on the company shares. Societe Generale advised their investors in a research report released on Jun 27, 2016.
Diageo plc (ADR) closed down -5.42 points or -4.94% at $104.34 with 28,34,468 shares getting traded on Friday. Post opening the session at $105.33, the shares hit an intraday low of $103.65 and an intraday high of $107.79 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
Diageo plc (Diageo) is a drinks business company. The Company is a provider of beverage alcohol of various brands in spirits beer and wine. The Company produces its brands from more than 200 sites in over 30 countries. Diageo owns manufacturing production facilities across the globe including maltings distilleries breweries packaging plants maturation warehouses cooperages vineyards wineries and distribution warehouses. Diageo’s brands are also produced at plants owned and operated by third parties and joint ventures at a number of locations around the world. Its geographical segments are North America Europe Africa Latin America and Caribbean Asia Pacific and Corporate. It offers products under various brands including Johnnie Walker Smirnoff Captain Morgan Baileys Tanqueray Guinness Crown Royal Yeni Raki JeB Buchanan’s Bundaberg Ypioca Cacique Windsor Bell’s JeB Grand Old Parr Shui Jing Fang Ciroc and Bulleit Bourbon among others.