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Added to YB: 2024-06-21

Pitch date: 2024-06-10

DEO [bullish]

Diageo plc

-28.3%

current return

Author Info

No bio for this author

Company Info

Diageo plc, together with its subsidiaries, engages in the production, marketing, and distribution of alcoholic beverages in North America, Europe, the Asia Pacific, Latin America and Caribbean, and Africa.

Market Cap

GBP 47.5B

Pitch Price

GBP 124.25

Price Target

N/A

Dividend

4.85%

EV/EBITDA

10.86

P/E

20.20

EV/Sales

3.54

Sector

Beverages

Category

dividend

Show full summary:
Argosy Investors New Position: Diageo plc

DEO: Diageo added to portfolio. Owns Johnnie Walker, Tanqueray, Smirnoff, Guinness, Baileys. Trades at high-teens P/E on stable, growing earnings + 3% dividend. Exposure to alcohol helps diversify against market hangovers when others rush to buy NVIDIA.

Read full article (1 min)