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Diageo: It's Improving, But Just The Same, Hold It
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Diageo: It's Improving, But Just The Same, Hold It

Seeking Alpha·Asian Value Investor·21 days ago
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Home Consumer Staples Analysis Summary Diageo plc (DEO) shows resilience in Q3 2026, with net sales up 2.3% YoY, partially offsetting earlier weakness. DEO faces persistent macro risks: inflation, shifting drinking habits, and higher costs threaten sales growth and margins. Valuation remains full despite recent declines; DDM-based target price is $61.14, indicating limited upside and justifying a hold rating. Technicals show early bullish signals, but momentum is insufficient for a sustained breakout; caution is warranted before entry. JianGang Wang/iStock Unreleased via Getty Images Two months after my previous article , Diageo plc ( DEO ) went down further by another 6.2% and justified my hold rating. And I really understand the maintained cautious stance of the market as risks Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours.…

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