Citi cuts Diageo target price after results

26th Feb 2026 12:24

(Sharecast News) - Citi cut its price target on Diageo on Thursday to 2,200p from 2,425p following the drinks company's results a day earlier.

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Diageo cuts guidance and dividend on tough US trading

25th Feb 2026 07:38

(Sharecast News) - Diageo cut its full-year guidance and halved the dividend on Wednesday, sending shares sharply lower, after weak trading in North America and China weighed heavily on the drinks giant.

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Diageo considering sale of Chinese assets - report

13th Jan 2026 11:12

(Sharecast News) - Diageo is reportedly considering options for its Chinese assets, including a potential sale, as it looks to streamline its portfolio.

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RBC Capital upgrades Diageo to 'outperform'

6th Jan 2026 07:54

(Sharecast News) - RBC Capital Markets upgraded Diageo on Tuesday to 'outperform' from 'sector perform', keeping the cash flow derived price target at 2,000p.

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Diageo to sell East African Breweries stake for $2.3bn

17th Dec 2025 11:09

(Sharecast News) - Diageo is to sell its stake in East African Breweries Limited to Japan's Asahi Group Holdings in a deal worth $2.3bn, the drinks giant confirmed on Wednesday.

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Diageo names former Tesco boss Dave Lewis chief executive

10th Nov 2025 07:01

(Sharecast News) - Former Tesco boss Dave Lewis is to take over as chief executive of Diageo, the drinks giant confirmed on Monday, sending shares in the Guinness owner sharply higher.

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Diageo cuts full-year sales and profit forecast

6th Nov 2025 07:37

(Sharecast News) - Drinks maker Diageo cut its full-year sales and profit forecasts on Thursday amid weakness in Chinese white spirts and a slowdown in demand in North America.

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Diageo shareholders urged to vote against pay report - Sky

16th Oct 2025 11:06

(Sharecast News) - Drinks giant Diageo is facing a potential investor backlash over pay, it was reported on Thursday.

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Goldman Sachs upgrades Diageo to 'neutral', says downside is limited

8th Aug 2025 07:23

(Sharecast News) - Goldman Sachs upgraded Diageo to 'neutral' from 'sell' as it said the valuation is supportive and downside is limited.

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London close: Stocks finish higher on raft of corporate earnings

5th Aug 2025 17:50

(Sharecast News) - London stocks closed slightly higher on Tuesday, buoyed by strong corporate earnings from several blue-chip firms despite fresh signs of weakness in the UK's service sector and subdued investor sentiment ahead of the Bank of England's next rate decision.

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Diageo FY operating profits slump, organic net sales grow

5th Aug 2025 07:09

(Sharecast News) - Alcoholic beverage giant Diageo posted a mixed set of FY results on Tuesday, as the group navigated FX headwinds and restructuring costs while maintaining organic growth.

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Tuesday preview: Tariffs in focus for Diageo, BP reports Q2 results

4th Aug 2025 09:16

(Sharecast News) - Full-year results from beverages group Diageo and second-quarter results from oil major BP will be in focus on Tuesday morning.

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Diageo appoints Deirdre Mahlan as interim CFO

30th Jul 2025 12:28

(Sharecast News) - Diageo said on Wednesday that it has appointed Deirdre Mahlan as interim chief financial officer with effect from 18 August.

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Diageo CEO Debra Crew steps down

16th Jul 2025 12:33

(Sharecast News) - Drinks company Diageo said on Wednesday that chief executive officer Debra Crew has stepped down with immediate effect, by mutual agreement.

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London close: Stocks mixed on UK data, Brexit 'reset' with EU

19th May 2025 17:10

(Sharecast News) - London stocks ended Monday on a mixed note, as investors weighed economic indicators from the UK and Europe, as well as news that Westminster and Brussels have agreed a 'Brexit reset' deal.

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