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Near 5-year lows, here’s what the experts say about the Diageo share price
['Ben Mcpoland', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
Was I mad to invest in Diageo (LSE:DGE) recently with the share price near a five-year low?
Then again, my local pub was recently packed for the England games.
Still, while UBS maintains a Neutral rating on Diageo stock, it did slap a 1,600p price target on it.
That's slightly higher than the present share price, suggesting most of the negativity might be baked in.
The average price target among 21 analysts backs this up, as it's currently 23.5% higher.