Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Diageo ( (GB:DGE) ) just unveiled an announcement.
Diageo has announced the immediate departure of Debra Crew as Chief Executive Officer, with Chief Financial Officer Nik Jhangiani stepping in as interim CEO. The company is conducting a comprehensive search for a new CEO while maintaining its financial guidance for fiscal 2025 and 2026. The board expressed gratitude for Crew’s leadership during challenging times and is focused on finding a leader to continue Diageo’s trajectory of sustainable value creation.
The most recent analyst rating on (GB:DGE) stock is a Buy with a £3450.00 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.
Spark’s Take on GB:DGE Stock
According to Spark, TipRanks’ AI Analyst, GB:DGE is a Neutral.
Diageo’s overall stock score reflects a solid financial foundation and moderate valuation, but is tempered by poor technical indicators and mixed earnings call sentiment. The company’s strategic initiatives and strong dividend yield are positives, yet technical analysis and tariff challenges present near-term risks.
To see Spark’s full report on GB:DGE stock, click here.
More about Diageo
Diageo is a global leader in the beverage alcohol industry, offering a distinguished portfolio of brands across spirits and beer categories, including Johnnie Walker, Smirnoff, and Guinness. The company’s products are available in nearly 180 countries, and it is listed on both the London Stock Exchange and the New York Stock Exchange.
Average Trading Volume: 4,037,974
Technical Sentiment Signal: Sell
Current Market Cap: £42B
For an in-depth examination of DGE stock, go to TipRanks’ Overview page.