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DEO

Diageo

$147.48

1.5 (1.03%)

07:30
07/13/18
07/13
07:30
07/13/18
07:30

Diageo initiated with a Buy at Argus

Argus analyst John Staszak initiated Diageo with a Buy rating and a price target of $168, saying he has a positive view of the company's "strong brands, leading position in many spirits categories, and relatively low cost structure". The analyst adds that Diageo has "generated above-peer-average revenue growth" through its relationships with bars, restaurants and retailers on pricing and promotions while also gaining market share as customers increase consumption of spirits. Staszak further states that Diageo's 19.9-times expected FY19 earnings multiple is below the peer average of 24.0-times, even though the stock deserves a premium based on its earnings growth rate potential.

DEO Diageo
$147.48

1.5 (1.03%)

06/21/18
MACQ
06/21/18
UPGRADE
MACQ
Outperform
Diageo upgraded to Outperform from Neutral at Macquarie
06/29/18
BERN
06/29/18
DOWNGRADE
BERN
Market Perform
Diageo downgraded to Market Perform from Outperform at Bernstein
Bernstein analyst Trevor Stirling downgraded Diageo to Market Perform from Outperform, telling investors in a research note that while its share price has had a "great" 12 months and he has seen sustained improvements in the same period, "this is almost as good as it gets." He expects Diageo to announce a significant boost in its buyback program next month with its results and says if the company does dispose of lose-end brands in the U.S., it would increase U.S. top-line growth by about 80bps, making Diageo a net share gainer. He still expects Diageo to deliver 6% organic revenue CAGR over the next five years, with regular substantial repurchases driving 10% five-year EPS CAGR. The analyst raised his price target to GBP28.25 from GBP27.50 to reflect the three-month roll-forward of the valuation base.
06/29/18
06/29/18
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Rexford Industrial (REXR) downgraded to Neutral from Buy at DA Davidson with analyst Barry Oxford saying over the last 18 month the stock has risen nearly 35%, the most in the industrial group. 2. C&J Energy Services (CJ) downgraded to Market Perform from Outperform at Wells Fargo with analyst Judson Bailey saying Downside risk for completion activity over the next few quarters and negative pricing and demand data points already rolling in for pressure pumping create risk to consensus estimates. 3. Tenet (THC) downgraded to Hold from Buy at Jefferies with analyst Brian Tanquilut saying the stock is fairly valued after rallying 128% year-to-date. 4. Accenture (ACN) downgraded to Neutral from Buy at BofA/Merrill with analyst Jason Kupferberg citing valuation following share outperformance over the past 12 months. 5. Diageo (DEO) downgraded to Market Perform from Outperform at Bernstein with analyst Trevor Stirling saying that while its share price has had a "great" 12 months and he has seen sustained improvements in the same period, "this is almost as good as it gets." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/12/18
GSCO
07/12/18
UPGRADE
GSCO
Buy
Diageo upgraded to Buy from Neutral at Goldman Sachs

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PHX

Panhandle Oil & Gas

$20.05

-0.4 (-1.96%)

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Fifth Third

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0.75 (2.54%)

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NUE

Nucor

$65.65

1.045 (1.62%)

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  • 19

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CAR

Avis Budget

$32.32

0.34 (1.06%)

, AMZN

Amazon.com

$1,842.36

-1.64 (-0.09%)

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UAL

United Continental

$79.02

6.355 (8.75%)

09:03
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Upgrade
United Continental rating change  »

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ETM

Entercom

$8.03

-0.05 (-0.62%)

, BBGI

Beasley Broadcast

$10.50

0.1 (0.96%)

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BBGI

Beasley Broadcast

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AJG

Arthur J. Gallagher

$70.48

0.79 (1.13%)

09:02
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  • 26

    Jul

SBUX

Starbucks

$51.15

-0.12 (-0.23%)

09:02
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  • 26

    Jul

NUE

Nucor

$65.65

1.045 (1.62%)

09:01
07/19/18
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Earnings
Nucor says Q3 earnings expected 'to further improve' vs. Q2, consensus $2.15 »

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  • 19

    Jul

09:01
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07/19
09:01
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Conference/Events
The Federal Energy Regulatory Commission to hold a meeting »

The Federal Energy…

NUE

Nucor

$65.65

1.045 (1.62%)

09:00
07/19/18
07/19
09:00
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09:00
Earnings
Nucor reports Q2 EPS $2.13, consensus $2.09 »

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  • 19

    Jul

CMCSA

Comcast

$34.03

-0.23 (-0.67%)

, FOXA

21st Century Fox

$46.69

0.22 (0.47%)

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CMCSA

Comcast

$34.03

-0.23 (-0.67%)

FOXA

21st Century Fox

$46.69

0.22 (0.47%)

DIS

Disney

$110.71

0.41 (0.37%)

IBM

IBM

$144.44

0.98 (0.68%)

AXP

American Express

$102.98

1.84 (1.82%)

DHR

Danaher

$98.80

-0.78 (-0.78%)

PM

Philip Morris

$82.16

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SON

Sonoco

$53.02

0.02 (0.04%)

EBAY

eBay

$37.95

0.13 (0.34%)

DPZ

Domino's Pizza

$283.74

1.74 (0.62%)

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NVS

Novartis

$80.89

2.17 (2.76%)

08:57
07/19/18
07/19
08:57
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08:57
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NDLS

Noodles & Company

$11.80

-0.35 (-2.88%)

08:56
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LH

LabCorp

$185.91

1.13 (0.61%)

08:56
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Periodicals
LabCorp dealing with broad cyberattack, WSJ reports »

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AIRYY

Air China

$0.00

(0.00%)

08:56
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08:56
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08:56
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Air China rating change  »

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GGP

GGP

$20.43

-0.27 (-1.30%)

, NFLX

Netflix

$375.16

-4.34 (-1.14%)

08:55
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Options
Notable open interest changes for July 19th »

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GGP

GGP

$20.43

-0.27 (-1.30%)

NFLX

Netflix

$375.16

-4.34 (-1.14%)

JD

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$37.52

-0.46 (-1.21%)

GE

General Electric

$13.75

0.05 (0.36%)

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  • 20

    Jul

TRCO

Tribune Media

$34.09

0.79 (2.37%)

, SBGI

Sinclair Broadcast

$27.35

-0.65 (-2.32%)

08:54
07/19/18
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Downgrade
Tribune Media, Sinclair Broadcast rating change  »

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TRCO

Tribune Media

$34.09

0.79 (2.37%)

SBGI

Sinclair Broadcast

$27.35

-0.65 (-2.32%)

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  • 08

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CVRS

Corindus

$1.00

-0.04 (-3.85%)

08:53
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PLYM

Plymouth Industrial REIT

$16.26

(0.00%)

08:52
07/19/18
07/19
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Syndicate
Plymouth Industrial REIT 1.102M share Spot Secondary priced at $15.60 »

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  • 19

    Jul

08:50
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General news
FX Action: The dollar »

FX Action: The dollar…

08:50
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General news
The 8k initial claims drop to a new 48-year low of 207k »

The 8k initial claims…

SPWH

Sportsman's Warehouse

$5.23

-0.16 (-2.97%)

08:48
07/19/18
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Syndicate
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  • 19

    Jul

AA

Alcoa

$47.90

-0.105 (-0.22%)

08:48
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EBAY

eBay

$37.95

0.13 (0.34%)

08:47
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eBay analyst commentary  »

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