RBC drops Diageo to 'sector perform', lowers target price
20th Apr 2020 12:34
(Sharecast News) - Analysts at RBC Capital Markets downgraded drinks maker Diageo from 'outperform' to 'sector perform' on Monday, stating it was no longer "appropriate" to assume the firm's margins would grow faster than other consumer staples companies'.
Read moreAlmost a third of FTSE 100 cut or scrap dividends
15th Apr 2020 12:01
(Sharecast News) - Almost one-third of FTSE 100 companies have cut or scrapped their dividends during the coronavirus crisis, leaving investors relying on 10 companies for two-thirds of the index's likely payouts in 2020, research shows.
Read moreDiageo to pay dividend, suspend buyback
9th Apr 2020 07:19
(Sharecast News) - Diageo said it would pay its interim dividend as planned but the drinks company put its £4.5bn share buyback on hold as Covid-19 restrictions took a significant toll on its business.
Read moreBarclays cuts target prices for European consumer staple stocks
23rd Mar 2020 14:29
(Sharecast News) - Analysts at Barclays cut their target prices for a wide swathe of European beverage stocks in order to factor-in the impact from the coronavirus epidemic on trading in Europe and the US, as opposed to just China and Asia Travel Retail.
Read moreDiageo pledges 2m litres of alcohol for hand sanitiser
23rd Mar 2020 12:03
(Sharecast News) - Diageo has pledged to donated up to 2m litres of alcohol used in gin and vodka to make hand sanitiser for healthcare workers combating the coronavirus outbreak.
Read moreJohnson warned Covid-19 plan could end pub industry 'in days'
17th Mar 2020 09:50
(Sharecast News) - The UK's pub industry warned it faced an existential crisis and could be lost in "days" after the government advised people to avoid bars and restaurants to combat the spread of coronavirus.
Read moreThursday broker round-up
27th Feb 2020 12:47
(Sharecast News) - Restaurant Group: RBC Capital Markets downgrades to sector performer with a target price of 170p.
Read moreWednesday broker round-up
5th Feb 2020 13:17
(Sharecast News) - Antofagasta: Deutsche Bank upgrades to hold with a target price of 850p.
Read moreMonday broker round-up
3rd Feb 2020 12:32
(Sharecast News) - Diageo: Kepler Cheuvreux upgrades to buy with a target price of 3,700p.
Read moreFriday broker round-up
31st Jan 2020 12:55
(Sharecast News) - Hargreaves Lansdown: Liberum upgrades to buy with a target price of 2,125p.
Read moreDiageo sees annual sales at low end of guidance
30th Jan 2020 07:05
(Sharecast News) - Diageo said annual sales growth would be at the low end of its guidance as the drinks company reported a 2% increase in first-half underlying operating profit.
Read moreThursday preview: BoE, Diageo in the spotlight
29th Jan 2020 16:08
(Sharecast News) - All eyes will be on the Bank of England on Thursday, as rate-setters announce their policy decision.
Read moreFTSE 100 movers: Whitbread and 3i boosted by upgrades
29th Jan 2020 15:27
(Sharecast News) - London's FTSE 100 was up 0.01% at 7,481.81 in afternoon trade on Wednesday.
Read moreTuesday broker round-up
28th Jan 2020 12:40
(Sharecast News) - BAE Systems: Barclays upgrades to overweight with a target price of 760p.
Read moreJefferies lowers Diageo to 'hold' following banner year
16th Jan 2020 16:42
(Sharecast News) - Analysts at Jefferies downgraded drinks maker Diageo from 'buy' to 'hold' on Thursday following "three very strong years of change" for the group.
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