Analysts fell to the sidelines weighing in on Diageo (DGEAF – Research Report) and Rite Aid (RAD – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Diageo (DGEAF)
In a report issued on December 14, Celine Pannuti CFA from J.P. Morgan maintained a Hold rating on Diageo, with a price target of £43.50. The company’s shares closed last Friday at $51.33, close to its 52-week high of $53.76.
According to TipRanks.com, CFA is a 1-star analyst with an average return of -0.8% and a 50.7% success rate. CFA covers the Consumer Goods sector, focusing on stocks such as Anheuser-Busch Inbev Sa, Nestlé SA, and Essity AB.
Currently, the analyst consensus on Diageo is a Moderate Buy with an average price target of $56.75.
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Rite Aid (RAD)
Deutsche Bank analyst George Hill maintained a Hold rating on Rite Aid on December 16 and set a price target of $15.00. The company’s shares closed last Friday at $12.05, close to its 52-week low of $11.50.
According to TipRanks.com, Hill is a 4-star analyst with an average return of 6.9% and a 53.7% success rate. Hill covers the Healthcare sector, focusing on stocks such as AmerisourceBergen, Molina Healthcare, and 1Life Healthcare.
Currently, the analyst consensus on Rite Aid is a Moderate Sell with an average price target of $13.00.
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