Diageo plc (ADR) (DEO) is Resumed by BofA/Merrill to Buy

Diageo plc (ADR) (DEO) was Resumed by BofA/Merrill to “Buy”. BofA/Merrill advised their investors in a research report released on Sep 16, 2016.

Many Wall Street Analysts have commented on Diageo plc (ADR). Diageo plc (ADR) was Upgraded by Goldman to ” Neutral” on Jun 28, 2016. Diageo plc (ADR) was Upgraded by Societe Generale to ” Hold” on Jun 27, 2016.

Diageo plc (ADR) opened for trading at $111.87 and hit $112.12 on the upside on Wednesday, eventually ending the session at $111.17, with a gain of 0.23% or 0.26 points. The heightened volatility saw the trading volume jump to 426,082 shares. Company has a market cap of $76,551 M.

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.

Diageo plc (ADR)

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