Diageo Share Discussion Threads

[philanderer] 09/8/2022 13:36

Captain Morgan invites people to ‘Spice On’ as it launches new global campaign

[philanderer] 02/8/2022 11:14

UBS raises Diageo price target to 4,500 (4,300) pence - 'buy'

[philanderer] 01/8/2022 10:48

Morgan Stanley raises Diageo price target to 4,300 (4,100) pence - 'overweight'


Berenberg raises Diageo price target to 4,160 (3,900) pence - 'hold

[leadersoffice] 29/7/2022 10:09

Let's not be greedy lol£40 within sight.... Can we cross the line ?and build on from that level ? I think we can.

[thamestrader] 28/7/2022 14:33

I would've hoped for a bigger divi hike, but if they can get a better return on the cash than I can, that's fine be me.

[steeplejack] 28/7/2022 07:44

Difficult to fault these results.Good profits growth,strong cash flow and balance sheet.Share buy backs to continue.Final dividend +5%.If you're looking to invest in equities,Diageo should be on the list.

[philanderer] 21/7/2022 14:01

Diageo shares are a giveaway, says Nick Train


Finsbury Growth & Income (FGT) investment trust manager Nick Train says share price weakness at drinks giant Diageo (DGE) is ‘perplexing217;.

Diageo is the second largest holding in Train’s £1.8bn trust, where it makes up 11.8% of the portfolio.

He said while Diageo, which owns brands including Guinness beer and Smirnoff vodka, is typically considered a ‘defensiveR17; stock, he believes it offers ‘the prospect of protection against monetary inflation and the likelihood of real earnings growth over time’.

‘These are characteristics that make for fine long-term investments,’ said Train.

‘I must say, I find the share price weakness of Diageo, down 8.6% over the last three months to be perplexing. There can be few companies in the world that offer greater certainty of inflation protection and access to secular real growth.’

Analysts believe Diageo is expensive, trading on a price/earnings ratio of 25x, but Train said he disagrees.

‘Instead, we concur with US stock market scholar Jeremy Siegel – author of the classic Stocks for the Long Run – who concludes “stocks with steady growth records are worth 30, 40 and more times earnings”. On this basis Diageo is given away,’ he said.

Shares in Diageo closed down 0.2% at £36.68 on Wednesday, having enjoyed slightly stronger performance so far in July.


citywire.com

[suetballs] 12/7/2022 10:55

Sold one of quite a few poor performers in my portfolio and put the proceeds here.
I sleep a lot better holding these babies!
Suet

[anhar] 08/7/2022 09:47

Yes on a yield basis, around 2%, it's quite dear, much lower than the market. I hold long term but I'm here only for income. DGE is just one share in my diversified port and if I have the cash then, I'll probably pick up more if the yield rises to around the market average or higher, and assuming the share is below average port value.

I regard it as one of my top quality core holdings which I'll probably never sell.

[roguetraderuk] 08/7/2022 09:37

i read somewhere in a research report that spirits hold up at the start of a recession but they then tail off as people move to cheaper bang for buck. either way dge isnt partcularly cheap right now. youd prefer to pick it up once sup is broken and some have sold.

[anhar] 08/7/2022 09:31

Psssst. Don't tell Stifel, but there's a recession coming. Mum's the word.

I presume you mean Mumm champagne. Anyway don't people drink even more in a recession? :~)

[disc0dave45] 07/7/2022 15:45

Has this been downgraded by someone today?

[thamestrader] 05/7/2022 13:31

Psssst. Don't tell Stifel, but there's a recession coming. Mum's the word.

[philanderer] 05/7/2022 10:55

Stifel starts Diageo with 'buy' - price target 4,530 pence

[philanderer] 29/6/2022 14:08

It gives a chance to add a few anyway ;-)

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Diageo, the world’s largest spirits maker as well as the maker of Guinness, will wind down its business operations in Russia over the next six months, it said on Tuesday, becoming the latest Western brand to withdraw.

"Our focus will remain on supporting our employees in the region and providing them with enhanced redundancy terms, while ensuring we comply with local regulations," a Diageo spokesperson said in a statement.

Irish Times

[anhar] 29/6/2022 13:25

Indeed, you'd have to be a right mug to take the slightest notice of broker notes. I think phil only posts them as a wind-up.

[philanderer] 29/6/2022 10:26

Deutsche Bank cuts Diageo to 'sell' (hold) - price target 3,230 (4,050) pence

[philanderer] 21/6/2022 15:10

Guinness awarded world's most prestigous product design award, Red Dot

[gateside] 17/6/2022 20:48

Diageo's business model has the ability to absorb cost-of-goods-sold inflation which makes the stock well positioned to navigate through a stagflationary environment, Jefferies analysts say in a research note.

The London-based maker of Johnnie Walker Scotch Whisky and Guinness Stout has been leveraging volume growth, pricing, and premiumization--products with superior quality and price--while productivity improvements are expected to generate GBP1.2 billion in gross saving over the next three years which are likely to become reinvestments, they say. "Despite potential headwinds, we believe that Diageo can deliver within its guidance range given the favorable industry backdrop and strong execution," the analysts say.

[gateside] 17/6/2022 10:46

I'll take Barclays target please!

They can have all my DGE shares for 5040p a share :-)

[philanderer] 17/6/2022 10:13

Credit Suisse cuts Diageo price target to 4,400 (4,700) pence - 'outperform'

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Barclays raises Diageo price target to 5,040 (4,700) pence - 'overweight'

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Jefferies cuts Diageo price target to 4,000 (4,400) pence - 'buy'

[thamestrader] 09/6/2022 14:12

I think what you think (I think?). Load of rubbish. They say what whoever is paying them what they want them to say.

[anhar] 09/6/2022 10:26

So which is it, 3,850 or 4,700? Or is the whole idea of broker forecasts - which almost never give a time scale - rubbish? I know what I think.

[philanderer] 08/6/2022 12:28

Goldman Sachs raises Diageo price target to 4,700 (4,650) pence - 'buy'