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Diageo ( (GB:DGE) ) has issued an announcement.
Diageo plc has announced that Melissa Bethell, a non-executive director of the company, has been appointed as a non-executive director of The Magnum Ice Cream Company N.V., which has recently become publicly listed on major stock exchanges. Bethell will take on significant roles at TMICC, including Chair of the Remuneration Committee and member of the Audit Committee, highlighting Diageo’s influence and connections within the corporate governance landscape.
The most recent analyst rating on (GB:DGE) stock is a Hold with a £1821.00 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 is driven by strong corporate events and a solid dividend yield. However, challenges in profitability margins, cash flow stability, and bearish technical indicators weigh on the score.
To see Spark’s full report on GB:DGE stock, click here.
More about Diageo
Diageo plc is a leading company in the beverage industry, primarily known for its production and distribution of alcoholic beverages, including spirits, beer, and wine. It operates globally with a focus on premium brands and has a significant presence in various international markets.
YTD Price Performance: -31.39%
Average Trading Volume: 4,963,366
Technical Sentiment Signal: Sell
Current Market Cap: £37.14B
Find detailed analytics on DGE stock on TipRanks’ Stock Analysis page.