Jefferies downgrades Diageo to 'hold' with a price target of GBP38.00

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Jefferies downgrades Diageo to 'hold' with a price target of GBP38.00

An analyst from Jefferies downgraded Diageo (LON: DGE) from 'buy' to 'hold' with a price target of GBP38.00 from a prior price target of GBP40.00.

Prior to this rating, Diageo had 12 buy ratings, 8 hold ratings, and 3 sell ratings.

For consensus analyst estimates and price targets on Diageo, click here. For more news on Diageo, click here.

Diageo's stock price closed at $3.0. They are down -99.92% in the last month and down -5.3% in the last 12 months.

According to Investing Pro, Diageo's fair value is $36.8, an upside of 1.3%. Diageo's fair value comes with a low degree of uncertainty, according to InvestingPro.

Check out Diageo's recent earnings performance and financials here.

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