Diageo sees $150m hit from tariffs, Q3 growth accelerates
19th May 2025 07:08
(Sharecast News) - Drinks giant Diageo reiterated guidance for full-year organic sales and operating profits after a solid pickup in underlying growth in the third quarter, but announced that trade tariffs would hit the business by $150m.
Read moreLondon close: Stocks rise on hopes of UK-US trade deal
15th Apr 2025 14:51
(Sharecast News) - London stocks finished higher on Tuesday, lifted by renewed optimism over trade prospects and a measured response to UK labour market data.
Read moreDiageo launches $1.5bn, two-tranche bond offering
11th Apr 2025 07:39
(Sharecast News) - Diageo announced the launch and pricing of a $1.5bn two-tranche bond offering in the US market on Friday, issuing fixed-rate notes with maturities in 2030 and 2035.
Read moreBerenberg positive on Diageo, Coca-Cola HBC amid tariff uncertainty
2nd Apr 2025 12:09
(Sharecast News) - Berenberg has given UK-listed drinks stocks Coca-Cola HBC and Diageo a 'buy' rating as part of its review of European beverage brands, as tariff-related newsflow and market volatility continues to dampen sentiment across the sector.
Read moreDeutsche Bank upgrades Diageo to 'hold'
3rd Mar 2025 10:40
(Sharecast News) - Deutsche Bank upgraded Diageo on Monday to 'hold' from 'sell' as it said that its unchanged price target of 2,020p now suggests just 6.6% downside.
Read moreDiageo pulls guidance as Trump tariffs cast cloud over outlook
4th Feb 2025 07:07
(Sharecast News) - Beverages giant Diageo has pulled its medium-term guidance ahead of incoming tariffs on Mexican and Canadian imports by the Trump administration, saying it cannot yet accurately predict how additional duties will affect its financial performance.
Read moreLondon close: Stocks join global rout on trade war fears
3rd Feb 2025 15:23
(Sharecast News) - London stocks fell sharply on Monday as concerns over a potential trade war weighed on investor sentiment.
Read moreCiti reiterates 'buy' on Diageo
3rd Feb 2025 10:28
(Sharecast News) - Citi reiterated its 'buy' rating on Diageo on Monday as one of its core picks for 2025 as it said first-half results were on track to deliver.
Read moreDiageo says no intention to sell Guinness brand or Moet Hennessy stake
27th Jan 2025 08:01
(Sharecast News) - Drinks maker Diageo said on Sunday that it has no intention to sell its Guinness brand or its stake in Moët Hennessy.
Read moreJefferies rates Diageo a 'buy' amid Ciroc sale rumours
20th Dec 2024 09:46
(Sharecast News) - Jefferies has reiterated a 'buy' rating for Diageo on the back of speculation that the drinks giant is considering a sale of its Ciroc brand, saying that any potential sale would be accretive to top-line growth.
Read moreLondon close: Stocks weaker after surprise UK GDP contraction
13th Dec 2024 16:29
(Sharecast News) - London's stock markets closed lower on Friday as investors reacted to an unexpected contraction in the UK economy during October, while the pound lost ground against major currencies.
Read moreLondon close: Stocks mixed after ECB rate cut
12th Dec 2024 15:17
(Sharecast News) - London stocks finished on a mixed note Thursday, as investors digested an interest rate cut from the European Central Bank, as Diageo held onto gains through the close.
Read moreDiageo fizzes higher after double upgrade to 'buy' at UBS
12th Dec 2024 07:44
(Sharecast News) - Diageo fizzed higher on Thursday as UBS upgraded the shares to 'buy' from 'sell and hiked the price target to 2,920p from 2,300p, saying it sees upside risks to the US business.
Read moreLondon close: Stocks mixed as oil prices rise
5th Dec 2024 14:40
(Sharecast News) - London stocks closed mixed on Thursday as investors digested a new report on the UK construction sector and monitored political developments in France, while Frasers Group weighed heavily on sentiment after the retailer slashed its profit outlook.
Read moreJefferies upgrades Diageo to 'buy'
5th Dec 2024 11:19
(Sharecast News) - Jefferies upgraded Diageo to 'buy' from 'hold' on Thursday and lifted the price target to 2,800p from 2,300p.
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