Diageo Share Discussion Threads

[muffinhead] 22/7/2021 12:04

I see the company is wasting money buying its own shares and loading up on debt

Only an idiot buys at this valuation imo

Possible double top

[philanderer] 14/7/2021 14:00

DEUTSCHE BANK RAISES DIAGEO PRICE TARGET TO 4,300 (4,200) PENCE - 'BUY'

[philanderer] 12/7/2021 10:48

BARCLAYS RAISES DIAGEO PRICE TARGET TO 3,940 (3,850) PENCE - 'OVERWEIGHT'

[philanderer] 10/7/2021 00:56

Yes, slow and steady seems the order of the day.

[cardinal3] 09/7/2021 16:17

philanderer

I am a bit surprised this hasn't been a stronger share with the unlocking of the economy here and the Euros.

[philanderer] 02/7/2021 10:43

HSBC RAISES DIAGEO PRICE TARGET TO 3,910 (3,670) PENCE - 'BUY'

[philanderer] 28/6/2021 00:08

Money Matters: Use your pandemic savings to buy fizz and chip stocks


I am frequently asked about what investors are buying to take advantage of the aggressive rollout of vaccinations and reopening of economies.

Given the reports about the increase in savings during the pandemic — household deposits grew by about €18 billion and counting — there has been much speculation about how it will be spent.

Hospitality is among the expected recipients. Drinks giant Diageo will benefit from increased consumer demand in both on- and off-trade channels, with broad-based growth across most categories, strong positioning in the fast-growing Chinese market, and a continued rise in the opportunity for low-alcohol and alcohol-free products.

[philanderer] 24/6/2021 10:20

BOFA RAISES DIAGEO PRICE TARGET TO 4,150 (3,900) PENCE - 'BUY'

[philanderer] 22/6/2021 14:18

UBS RAISES DIAGEO PRICE TARGET TO 3,800 (3,600) PENCE - 'BUY'


MORGAN STANLEY RAISES DIAGEO PRICE TARGET TO 3,900 (3,600) PENCE - 'OVERWEIGHT'


CITIGROUP RAISES DIAGEO PRICE TARGET TO 3,500 (3,325) PENCE - 'NEUTRAL'

[philanderer] 21/6/2021 10:45

KEPLER CHEUVREUX RAISES DIAGEO PRICE TARGET TO 3,300 (3,200) PENCE - 'HOLD'

[toffeeman] 19/6/2021 14:09

I sold yesterday at just below JPM target price.

[wetdream] 18/6/2021 16:36

Is anyone buying these apart from the company themselves?

[philanderer] 18/6/2021 11:57

JPMORGAN RAISES DIAGEO TO 'NEUTRAL' (UNDERWEIGHT) - PRICE TARGET 3,500 (2,700) PENCE

[philanderer] 16/6/2021 13:22

NFL, Diageo agree to comprehensive sponsorship deal

Diageo and the NFL have completed a comprehensive spirits marketing pact, which will be the league’s first sponsorship in that category. Sources said that Diageo gets exclusivity across spirits broadly, but the sponsorship will be used to market three main Diageo brands: Smirnoff vodka, Captain Morgan flavored rum and Crown Royal whiskey.

[gateside] 15/6/2021 11:28

1 year intraday high reached today

[onei] 15/6/2021 08:14

If you feel like blaming the Government - have a drink and the feeling will go away.
I tried it. A Diageo drink of course!

[philanderer] 14/6/2021 10:10

BERNSTEIN CUTS DIAGEO TO 'MARKET-PERFORM' ('OUTPERFORM') - PRICE TARGET 3,550

[philanderer] 11/6/2021 11:17

Diageo pulls out of sponsoring Copa America soccer tournament

[travestor] 11/6/2021 03:51

hxxps://www.thetimes.co.uk/article/microdraft-guinness-is-pure-genius-ncsmfzcf2

'Microdraft’ Guinness is pure genius

It is being hailed as the biggest technological advance in beer dispense since the “widget” more than three decades ago.

Draught Guinness, which until now has always been dispensed from traditional beer kegs kept in pub cellars, will soon be available from a can.

The brewer, famous for its advertising jingle “good things come to those who wait”, has spent two years developing cutting-edge technology that pours the perfect pint of the “black stuff” from a special can.

It said the new technology was designed as “a solution to pour Guinness in new places and new spaces, such as restaurants, where previously it would be impossible to serve it on tap due to the lack of keg system, beer lines and cooling system complexities”.

The dispense system sits on the bar and uses a “world first, patent pending, double coaxial piercing of the can”. An air pump pushes the liquid out of the can and automatically stops when it reaches the top of the harp on the glass to enable an authentic two-part pour. The system also tests the temperature of the stout to ensure it is cold enough.

Grainne Wafer, global brand director at Guinness, based at the St James’s Gate brewery in Dublin, said that Guinness MicroDraught, as it has been dubbed, was effectively “the smallest keg in the world and gives the perfect pint-glass experience”. It tasted exactly the same as a pint poured from a keg, she insisted.

Guinness, which is sold in 150 countries, has a long history of innovation. In 1959 it became the first beer to deploy hydrogen in the pour to produce a creamy pint, then in 1988 it launched the widget, allowing drinkers to enjoy the Guinness “surge and settle” at home for the first time.

Its forays into innovation have not always gone as smoothly as its beer, however. In 2002, it ditched its famous slogan and launched a quick-pour dispense system that reduced the time taken to pour a pint from 119 seconds to just 25, declaring: “We have to accept that the two-minute pint is not relevant to our consumers today.” It turned out they were, in fact, prepared to wait, and the quick-pour system was quietly dropped the following year.

Last year’s launch of a non-alcoholic version of the stout, Guinness 0.0, also came a cropper. After four years under development, and just three weeks after its launch, the cans had to be removed from supermarket shelves after a product recall “because of microbiological contamination which may make some cans unsafe to consume”. It is being relaunched at the end of August.
Guinness MicroDraught will initially be tested in the UK this month in the Fridays restaurant chain (formerly TGI Friday’s) then next month in Ireland and Korea, which turns out to be the sixth biggest market for Guinness globally. Its rollout by Diageo, the drinks giant that owns the stout, will make draught Guinness available in an additional 12,000 outlets.

The new dispense system could presage an eventual launch of the perfect pint of draught Guinness in people’s homes, which would come in handy during lockdowns. Wafer confirmed: “We’re looking at whether we can do something in the home.”

[philanderer] 29/5/2021 10:58

SAGE not happy at all with the government. .. 'data' not 'dates'


MR MONEY MAKER: A wee dram of drinks giant Diageo might just lift your profits

[spacecake] 28/5/2021 12:20

Nothing in the data to delay 21st June restrictions being lifted, - business secretary Kwasi Kwarteng, "I don't think we will move the date," said Kwasi Kwarteng - but added that the scientific evidence could change.

I guess two weeks is a long time for the growing Indian variant and not long enough to grow the vaccinations.

[philanderer] 24/5/2021 10:36

DZ BANK RAISES FAIR VALUE FOR DIAGEO TO 3,800 (3,500) PENCE - 'BUY'

JEFFERIES RAISES DIAGEO PRICE TARGET TO 3,800 (3,600) PENCE - 'BUY'

[philanderer] 21/5/2021 14:50

Nick Train: Beverage companies set for 'sustained recovery'

Share prices to keep rising

The four beverage companies held in Nick Train's Lindsell Train investment trust portfolio are set for "a sustained recovery", according to the manager, who believes the share price uptick they have experienced over the last month is set to continue.

According to Train's latest portfolio update published today (20 May), Heineken saw the most substantial share price gain at 13%, followed by Diageo at 9%, Laurent Perrier at 8% and AG Barr at 3%.

[philanderer] 17/5/2021 14:47

Another one ;-)


GOLDMAN SACHS RAISES DIAGEO PRICE TARGET TO 3,800 (3,400) PENCE - 'BUY'

[toffeeman] 14/5/2021 12:58

I love broker targets:

1. They are always different - how can that be?

2. There would be no point in having them if they were all the same!!

A wonderful paradox which reminds me of the clocks on the station platforms telling different times