Friday broker round-up
1st Feb 2019 13:19
(Sharecast News) - Stock Spirits: JP Morgan downgrades to neutral with a target price of 230p.
Read moreDiageo cheered by strong H1 sales growth; reveals £600m buyback
31st Jan 2019 07:04
(Sharecast News) - Drinks giant Diageo said first half net sales rose 5.8% to £6.9bn with organic growth partially offset by unfavourable exchange as it announced a £600m share buyback.
Read morePernod Ricard to meet activist hedge fund Elliott to improve margins
15th Jan 2019 11:22
(Sharecast News) - Spirits company Pernod Ricard is set to meet activist hedge fund Elliott ahead of its earnings report in early February in a move to improve its margins, according to a report on Tuesday.
Read moreMonday broker round-up
14th Jan 2019 13:44
(Sharecast News) - Next: Credit Suisse downgrades to underperform with a target price of 4,800p.
Read moreDiageo completes $550m sale of 19 brands to Sazerac
21st Dec 2018 10:10
(Sharecast News) - Diageo confirmed the completion of the sale of a portfolio of 19 brands to Sazerac on Friday, as it first announced on 12 November.
Read moreActivist investor Elliott moves on Pernod Ricard
12th Dec 2018 13:25
(Sharecast News) - Activist investor Elliott has taken a stake in Pernod Ricard, arguing that the world's second-largest drinks company is underperforming its rivals.
Read moreDiageo serves up EUR 2bn fixed-rate bonds
16th Oct 2018 08:20
(Sharecast News) - Distilling giant Diageo has launched and priced €2bn of fixed rate euro-denominated bonds under its European Debt Issuance Programme, it announced on Tuesday.
Read moreDiageo profits to be diluted by emerging markets volatility
20th Sep 2018 07:02
(Sharecast News) - Diageo has been buffeted by "increased volatility in some markets" and heightened emerging market foreign exchange instability in recent weeks, which will results in a £45m hit to profits.
Read moreThursday preview: Brexit, retail sales and Diageo in focus
19th Sep 2018 16:19
(Sharecast News) - All things Brexit will continue to be high on the agenda on Thursday, as the European leaders' summit in Salzburg wraps-up.
Read moreThursday broker round-up
13th Sep 2018 13:19
(Sharecast News) - Grainger: Numis upgrades to buy with a target price of 369p.
Read moreBuy Diageo on the dips ahead of US revival, says Morgan Stanley
7th Sep 2018 11:13
(Sharecast News) - Smirnoff and Guinness maker Diageo could, after seven years losing US market share, start to outperform rivals and gain share in its largest market, said Morgan Stanley.
Read moreAlcohol firms would lose £13bn annually if drinkers followed health recommendations
23rd Aug 2018 08:26
(Sharecast News) - Annual revenues from alcohol sales would fall by £13bn in the UK if customers stuck to recommended drinking limits, a new study by Academics from the Institute of Alcohol Studies (IAS) and the University of Sheffield's Alcohol Research Group found.
Read moreDiageo pops cork on $2bn share buyback
10th Aug 2018 07:22
(Sharecast News) - Diageo has told its broker to kick off the first swathe of its £2bn share buyback programme from Friday.
Read moreDiageo annual profit rises as gin boom drives Tanqueray sales
26th Jul 2018 08:23
(Sharecast News) - Diageo's annual profit rose 6% as thirst for Tanqueray gin and Johnnie Walker whisky helped sales increase across the drinks company's regions.
Read moreFriday broker round-up
27th Jan 2017 14:09
(ShareCast News) - Diageo: Berenberg reiterates buy with a target price of 2430p. Royal Dutch Shell A: HSBC reiterates buy, 2600p target. Vodafone: Deutsche Bank reiterates buy with a 285p target. Anglo American: UBS reiterates neutral with a 1250p target. Easyjet: Deutsche Bank reiterates hold w
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