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Deutsche Bank upgrades Diageo stock rating to hold amid market challenges

Deutsche Bank has upgraded Diageo PLC's stock rating from "Sell" to "Hold," maintaining a price target of GBp20.20, despite the stock's 42% decline since June 2022. Analysts suggest Diageo is undervalued, with targets ranging from $100 to $144, while acknowledging near-term risks and structural challenges. Barclays and Bernstein have also provided positive outlooks, with Barclays adjusting its target to GBp26.60 and Bernstein maintaining an Outperform rating at GBP28.80, highlighting strong brand performance amid market uncertainties.
Investing.com India
United States Dollar British Pound Sterling DEUTSCHE BANK AG Diageo plc GBR Mitch Collett
Finance & Economy, Market Report
12:34 03.03.2025
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