Diageo plc Sponsored ADR (DEO)
Diageo backed by RBC as turnaround plan points to improving returns
Diageo PLC (LSE:DGE) has retained an 'Outperform' rating from RBC Capital Markets, with the broker maintaining its £20 price target as it backed chief executive Sir Dave Lewis's turnaround strategy. RBC said the plan unveiled at Diageo's August 6 Capital Markets Day was credible despite uncertainty surrounding the global spirits market.
Jefferies sees 'real change' at Diageo as annual report signals turnaround focus
Jefferies has held its 'buy' rating and 2,200p price target on Diageo PLC (LSE:DGE), arguing that a close reading of the Guinness-maker's latest annual report points to a genuine shift in strategy under its turnaround plan. The target implies upside of about 30% from Wednesday's opening level of 1,688p.
Diageo: This Turnaround Story Is Getting Harder To Ignore
Diageo plc (DEO) is reiterated as a Buy, supported by ongoing cost savings, a solid balance sheet, and a promising turnaround under the new CEO. DEO's new cost-cutting plan targets $1 billion in cost savings over two years, with 40% of operational and 25% of supply chain savings expected in FY27. FY27 guidance calls for broadly flat organic net sales, with North America down mid-single digits, and FCF temporarily dipping to ~$2 billion due to restructuring costs.
Diageo appoints former P&G Beauty chief R. Alexandra Keith to board
Diageo PLC (LSE:DGE) has appointed former Procter & Gamble Beauty chief executive R. Alexandra “Alex” Keith as a non-executive director, adding more than 35 years of international consumer goods experience to its board.
Diageo Reshapes Its Portfolio: Can Core Brands Drive Growth?
DEO is reshaping its portfolio, backing Guinness and broader brand activation as it targets steadier growth amid persistent weakness in U.S. spirits.
Brokers split on Diageo as Jefferies lifts target to 2,200p and UBS stays on the sidelines
Diageo PLC (LSE:DGE) has emerged from its capital markets day with two sharply different verdicts from the City. Jefferies has raised its price target to 2,200p from 2,000p, implying 23% upside, arguing that Sir Dave Lewis has delivered a credible plan a good deal faster than expected.
Diageo plc (DEO) Analyst/Investor Day Transcript
Diageo plc (DEO) Analyst/Investor Day Transcript
DEO FY26 Preliminary Earnings Show Pressure on North America Weakness
Diageo's FY26 earnings show resilience with cost savings and cash gains, but North America weakness pressures sales and outlook.
Citi says Diageo's earnings downgrade cycle is finally over
Citi has told clients that Diageo PLC's (LSE:DGE) long run of earnings disappointments has come to an end, lifting its forecasts after the drinks group's capital markets day and Thursday's results. The US bank raised its earnings per share estimates for the 2027 financial year by 3% and for 2028 by 6%.
Diageo Unveils $1B Savings Plan, Guinness Push to Fuel Turnaround
Diageo NYSE: DEO outlined an organic turnaround plan centered on spirits, ready-to-drink products and Guinness, while setting out a restructuring program designed to reduce costs, improve customer service and support cash generation without a broader profit reset.
Diageo H2 Earnings Call Highlights
Diageo NYSE: DEO reported a mixed fiscal 2026, with growth in Europe, Latin America and Africa offset by weaker performance in North America and Asia Pacific. Organic net sales declined 2%, while organic operating profit increased 2%, supported by cost savings under its Accelerate program.
Diageo plc (DEO) Q4 2026 Earnings Call Prepared Remarks Transcript
Diageo plc (DEO) Q4 2026 Earnings Call Prepared Remarks Transcript
