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An update from Diageo ( (GB:DGE) ) is now available.
Diageo Finance plc has announced the issuance of EUR 300 million in fixed rate instruments due in 2031, under its European Debt Issuance Programme. This move consolidates the new issuance with an existing series, potentially strengthening Diageo’s financial position and offering opportunities for investors, while reinforcing its market presence in the beverage alcohol industry.
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 Outperform.
Diageo’s overall stock score is driven by strong financial performance and positive corporate events. However, technical analysis indicates bearish trends, and mixed earnings call sentiments introduce some uncertainty. Valuation remains attractive, supporting long-term investment potential.
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 diverse range of brands across spirits and beer, including Johnnie Walker, Smirnoff, and Guinness. The company operates in nearly 180 countries and is listed on both the London and New York Stock Exchanges.
Average Trading Volume: 4,208,387
Technical Sentiment Signal: Sell
Current Market Cap: £40.62B
Learn more about DGE stock on TipRanks’ Stock Analysis page.