What Does Wall Street Think About Diageo plc (DEO)?

Diageo plc (NYSE:DEO) is one of the best UK stocks to buy right now. On August 13, Kepler Capital analyst Richard Withagen maintained a Buy rating on Diageo plc (NYSE:DEO) and set a price target of p2,700.00.

Similarly, Evercore ISI also maintained a Buy rating on the stock on August 7, setting a £25.00 price target.

However, Deutsche Bank lowered the firm’s price target on Diageo plc (NYSE:DEO) to 2,020 GBp from 2,060 GBp on August 8, keeping a Hold rating on the shares.

Diageo plc’s (NYSE:DEO) median price target of $109.88 implies an upside of 17.15% from current levels.

Diageo plc (NYSE:DEO) produces and distributes alcoholic beverages. Its brands include Johnnie Walker, Crown Royal, J&B and Buchanan’s whiskies, Smirnoff, Ciroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Casamigos, Tanqueray, and Guinness.

The company’s operations are divided into the following geographical segments: North America, Europe, Asia Pacific, Latin America and Caribbean, Africa, and Corporate and Other.

While we acknowledge the potential of DEO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.